The MUD district is here on a weekly basis digging the water maine that flows between myself and my neighbors home.

I also prefer to have laundry on the same floor as bedrooms and a mud room next to our regular entry point (usually a garage).

Worst case at least I know there ARE options and I'm not completely stuck in the mud.

It's hard to find a fund that isn't a REIT to get involved on a larger scale unless you are able to put the downpayment on a piece of property there, Traditionally only the large hedge funds and pensions that have been involved in this extremely unsexy (yet, cash flow liquid!)

In all, we've found the returns to be great and I think it's probably a lot easier than renting it to a traditional tenant.

Under a traditional lump-sum contract, the owner agrees to pay the developer to complete a project that is built to the owner's specifications.

And you are competing with guys that have years of custom building experience.Finding a flip in Hamilton county is going to take a lot of digging, to find the traditional 70% ARV formula, and reselling to a retail buyer.

If those other things are more important that a little bit of interest rate, you could look at non-traditional private lenders. 

Now I'm wondering if the HELOC with effect my DTI and not allow me to get a traditional mortgage for the rest of the amount.

Tell her to have a nice day.She doesn't want you back in her unit so it looks like you saved a few bucks on mudding and painting until your turnover (which after 5 years of occupancy, I would assume needs a whole new paint job anyway.)Tenants do annoying things ALL THE TIME.