Unless you're 110% confident in the MF purchase and you can drive up the value of the building quickly (6-12 months) and then secure longer-term fixed financing to pay off the HELOC or loan. 

I don't withhold security deposit returns for BS things.  

By highlighting my ability to close quickly and my plans to enhance the property's value, I secured favorable terms that fit my investment goals while laying the groundwork for the broader development project.

While contractor availability and supply chain slowdowns are challenges, they plan ahead by securing labor and materials early and building in project buffers.

Investors who capitalize on this temporary dip may find themselves well-positioned for substantial gains when the market rebounds, potentially as soon as late 2025 or early 2026.Robust Rental MarketThe rental sector in San Antonio is poised for strength in 2025.

This AI solution is much more profitable than traditional marketing channels like PPC and SEO, and it feels like having a virtual assistant that never stops working, ensuring we don’t miss any potential leads.The system is capable of having natural, engaging conversations with real estate agents, helping us secure deals such as seller financing, subject-to agreements, and cash offers.

Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.

I apply their security deposit first ($1,500) and then charge them for the remaining $2,500 owed.

 You may be able to secure higher leverage financing through alternative lenders than a traditional bank (not always the case) and this may help advance your objective of reducing the down payment/cash requirement but that may only be temporary relief as you will likely pay more over the course of the loan because of higher rates and fees.

Staying active and engaged is crucial.Build a Robust Profile: Your profile should showcase the deals you've done and include reviews from past clients.