Should I stop going after the 3 bedroom and just aim for 4 bedroom homes to meet my ROI goal?  

We're aiming for 60-65% LTV cash-out in the couple weeks depending on rates.

That said, would there be any significant advantages going with the L1C loans versus using HELOC funds if I aim to refi immediately? 

With that said I admire your ready fire aim actionable mindset.

I’m aiming  for 9% minimum.

I am studying to obtain my real estate license to provide supplemental income and give me better access to MLS and save commission when purchasing.

By making thoughtful design choices, I aimed to create a space that would appeal to potential tenants or future buyers, ultimately maximizing the property's attractiveness and marketability.

By making thoughtful design choices, I aimed to create a space that would appeal to potential tenants or future buyers, ultimately maximizing the property's attractiveness and marketability.

Hi Bryan,Based on our experience and the expectations of our LP investors, we have structured our deals with the following criteria:Minimum IRR: We aim for a minimum IRR of 15%.Average CoC Return: Our target average CoC return is 20% per year for 5-year plans, resulting in a total of 100% over the holding period.Minimum Preferred Return: We offer a minimum preferred return of 7% to our LP investors.Regarding depreciation, we actively share the depreciation benefits, including cost segregation, bonus depreciation, and other tax strategies, with our investors.Good luck!

Currently have about 40k in the bank and aiming to have 60k for a down payment with more left over.