You can make half that in a high yield savings or treasuries.

Leverage 70-80% LTV (Debt): Borrow max amount of money at artificially low rates, with complete disregard to what will happen once the Fed loses control of bond market and treasuries spike. 2.

Charlotte proper is getting a lot stiffer competition right now so I would suggest Rock Hill, Gastonia, Concord, Mooresville and with the casino coming - Kings Mountain - to start looking at alternative areas.

@David Kerner also...you can ask the bank to tie your future interest rate to a current indicator like the us treasury...that was a common practice for us and it would at least give the borrower the ability to track their future rate...

There's a casino and a giant abandoned mall right at US-40 & the 270 beltway just waiting to be developed into something new.. 

Most HELOC's are based off prime and these are consumer based products (rate determined by margin which is fixed + prime).However the commercial departments in many of these banks or credit unions offer fixed lines on their commercial interest only products that can be based off different indexes like CMT (contact maturity treasury), SOFR (secured overnight financing rate), or other indexes that are less volatile than the prime which is directly linked to the fed funds rate + 3.00%.This is why the fed funds is at .50% right now and our prime is currently 3.50%.Just make sure to pick a product and index that works with your overall strategy because in between deals you'll be carrying the "equity," you used to buy a property on this line most likely.

All stock market fluctuations prove is:Have a diversified portfolio in the market (Stocks, Bonds, Treasuries)Have a diversified portfolio in investments (businesses, P2P lending, savings accounts, gold)Have a diversified portfolio in Real Estate (land, MF, SFH, commercial, urban, rural, multiple markets if possible)

Ive not reviewed the plan but imo No one will be “coming in and out of town” for that casino.

These quotes are from 1920-21 - Read what he said very carefully - “Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes.” 

These are usually no growers so your money won't sink, bur you keep getting dividends. 10Y Corporate Treasuries are a good place to gave your money parked, but it won't grow.