My personal preference would be to form an LP. 

You can do as many direct rollovers in a year as you want, so these are generally preferable.

Ask a local insurance agent, preferably the one that works with investors.2.

Likely if there is a mortgage the seller would prefer cash at close.

We prefer MTM agreements over long-term leases.

Cash>Check>ACH>Credit card.Credit card: Disputable up to 90 days by the click of a button with minimal verification relative to the other methodsACH: Disputable up to 60 days by informing the bank in writing (and with a higher level of verification by the bank)Check: Disputable up to 30 days after the customer’s bank statement is issued and requires the customer to prove fraud or identity theftCash: is king - however the chances of getting your tenants to send you cash every month is nilThe goal of any investment is to reduce risk (or be duly compensated for accepting additional risk).

I'm trying to put my personal preferences aside.Full bathroomHalf bathroom

However, let me ask you this...do your customers typically shop around for lenders? 

Is it preferable to refi the house and then later get a heloc for more investing? 

Looking at your deal and running my numbers (I also use hard money that lends at 70% ARV, 13.99% interest and 4 points), you would need to get the purchase price down to at least 230k, preferably even lower in order to get the HML to fund the full repair (assuming you can even find one that will do 100% purchase and rehab there).I have spoken to a lot of people doing deals in Atlanta and I know there are some pretty cheap properties there that make great deals.