We see this issue in many markets for office space. 

Waynesville, NC and Ashville, NC are prime examples of local governments meddling too much.

Sure thing - I'll have my team pull an example for me tomorrow. 

@Michael K GallagherThat’s huge and I don’t think you’re giving yourself enough credit for how meaningful those changes are.Consistency in the gym for years isn’t about fitness anymore—it’s proof you can show up for something long enough to see real results.

For example RISK!

If an agent wanted to do it for 2% or 4% (just for example sake) they absolutely could.

A HELOC keeps optionality, especially if you’re still evaluating repairs, a potential tenant buyout, or future redeployment of capital.A couple things I’d check either way:Whether the rent comfortably covers payments under conservative terms, not just today’s rateAny call risk, rate variability, or draw restrictions on the HELOCHow much liquidity you want to keep available if another opportunity pops upIn situations like this, I often see people start with a HELOC for flexibility and then term it out into a mortgage once the picture is clearer and the value is fully supported.

ARV, LTC, and Exit Strategy: The 3 Numbers That Decide Whether a Fix & Flip (or Fix & Hold) WorksOne of the most common mistakes I see investors make isn’t the rehab budget or the contractor.It’s misunderstanding ARV, LTC, and the exit — and how tightly they’re connected.ARV (After Repair Value)ARV isn’t what you hope the property is worth.It’s what today’s appraiser and lender can support with real comps.If your ARV is off:Your loan size shrinksYour cash-to-close growsYour refinance may not work at allLTC (Loan-to-Cost)Many investors hear “90% financing” and assume:“I only need 10% down.”That’s rarely true.LTC is based on:Purchase priceRehab budgetThe lender’s ARV (not yours)If ARV comes in light, LTC caps kick in fast — and that’s where deals blow up before or after closing.Exit Strategy Is Not OptionalFlip or hold, the exit must be underwritten before you buy.For a fix & flip:Can the ARV support resale comps after time, price reductions, and market shifts?

One common mistake I see and a lesson that applies almost everywhere comes up with by right multifamily projects.

What examples of discipline would you stress in out of state investing?