Cost Side Analysis: Understanding operating expenses, capital expenditures, and strategies for effective cost management.2.

However, the biggest challenge is dealing with well and septic systems, which can cost $15K - $75K to fix.

From my understanding you can get a conventional loan for a STR, but you must live in the property for at least 6 months before changing it over. 

I had a contractor that I had to fire last month for a multitude of reasons (using my materials on his other job, extremely substandard work that has to be redone by someone else now, not paying his subs,  lying about work being completed that was not actually done, etc).

I understand that the law in CA limiting landlords to a max of one month's deposit went into effect on July 1.

We've raised over $3M in the last 9 months, and zero dollars before that :)

Have a property (new build) in North East SA, rented for a year & unable to rent for almost ~10 months now, selling in this market would incur > 100K loss as impossible to compete with builders.

I’ve been pre approved for both, and look to start my construction journey in a few months.  

You may need permits for plumbing, electrical, and structural changes.A HELOC can be a flexible and cost-effective way to access funds for a down payment on another property. 

I would ask for a 12 to 24 months bank statement and the last two tax returns.