This was a turn time of about 3 months. 

That is why in most cases a Heloc versus a "Cash out Refinance" for example can be a bad choice.You may or may not know but Heloc "Can NEVER be used as an asset or a PITI reserve which is required in 99% of investment property purchases.

Hey @Shaun Beck - we host a monthly meetup called the Cashflow Breakfast Club, you should check it out!

People often ask, “Who do I report this to?”

I’m really glad you shared this, Janet.

House hack in California instead.Hope this helps.  

My point --> this is not a reno & it's probably more complicated (risky) than building ground up. 

People think it's simple, and the contracting is pretty simple, that's the easy part, but when things get hairy and liability comes around, that's when a good agent can be very valuable. 

This isn't something that I would take advantage of.

I bailed out a group in PDX that did this about 30 times..