Unique situation which required a lot of patience and some terms most investors wouldn't be interested in (extended closing timeline, rent-back to owner after close, etc).

You have a very unique talent...

Your unique objectives and goals as well as the amount you have available to invest will help you find a good investment rental property.

You would set a repayment term and repayment amount (lump sum or installments).If you want to benefit from the profit on the flip, you could simply say you want your loan amount in full plus "x" percentage of the profit. 

So that is question #1If #1 is yes, did you use a mortgage loan originator and or underwriter to verify the borrowers ability to repay?

I believe the new stimulus package allows you to withdraw up to $100,000 from your IRA and then repay it within 3 years with no penalty.

Los Angeles is a unique, dynamic, and expensive market.

Any issues or unique protections that I might think about using to ensure my position in the deal?

When you get the HELOC, you can use it like a credit card which you can purchase stuff with it and you have to pay it off.There's two periods: draw period and repayment period.

I only have a little more than 80k in there but the repayment interest would only be .625%.