You can make the margin up with forced equity.   

1 month for a turnover isn't unrealistic depending on what's needed. 3 years the property should have appreciated so you do have equity.

Investment Info:Single-family residence buy & hold investment.

It is currently on a conventional loan with over 20% equity.

If it's higher than the 200k that you might be able to find someone to support some/all of the 200k, but they'll want equity or to be paid back over time with interest.

SB 9 prevents profiteers from evicting or displacing tenants by excluding properties where a tenant has resided in the past three years."

Your sources is were you get your money from, ie debt or equity.

I hate to see them lose all of that equity, and I also have sentimental value in the home.

I'm going to try to keep the short so, if I miss any details because of the shortness, please let me know.I own 5 lots on the Gulf Coast of Mississippi. 3 are empty , 1 has a home and is a STR (does very well), the last lot I am at the end of a ground up build and will be using for my primary residence.

I was planning on funding the 25% down payment on the single-family rental purchase with a HELOC from my primary residence.