Thank you, this is fantastic perspective/guidance.

What does this mean?

The entirety of this project was financed by a HELOC, and at closing, we will wipe out our debt incurred to complete this project.

After really listening to the BP podcasts and reading these forums, I am learning and identifying all of these different strategies.

@Charlene Livers, this sort of depends on what you mean by financing and large scale.Are you looking to be the private lender to someone else's flip?  

What made you interested in investing in this type of deal?

But I hit a wall.First: Trying to find out what similar properties in the area (10 m radius) rent for, I used rentcast and rentometer for this, but they gave me two very different results.

This can often lead to bad purchased since neither focus on the fundamentals of the underlying real estate which is what ultimately drives value, appreciation and net profit.

Great & interesting history, thanks so much for sharing.

If interested, DM me.