I’m using my money to improve my skills as a real estate investor and improving my business.

HELOC’s are a wonderful tool and I use 4 of them regularly, but like Ryan said you’d need to be confident in your rehabbing skills and process or you could become homeless if things go badly.  

Whether they can (especially the non-profits) helps sort them out.Maybe KY is different from OR, but congratulations whether skill or luck you snagged some very marketable properties.

@Katie Noe really showed out on this one displaying her impeccable design skills.

Even at my young age I felt I had the skills to take on such a major rehab.

It will not allow extract of all the sweat equity due to LTV not being 100% (typically 70% refi LTV), but I question with the tax deferred (my plan is deferred forever) versus paying tax on the flip profits, if the extraction of seat equity of a good BRRRR does not exceed the flip extraction of equity after the taxes are paid (this will depend on both how good the BRRRR is and what your tax bracket is).You would seem likely to have the skills and contacts to be able to excel at BRRRR investments. 

@Arturo Fuentes, seems like what you really want is a vacant block of land that could help you show off your skills as an architect?

It became apparent to utilize my skills to design a budget-friendly floor plan, buy a lot, send out the plans for bids, obtain financing, and be my own general contractor from start to finish.

Next, what specific skills do you believe you need to develop to be successful?

Take this deal and figure it out, you will have nothing invested in it other than your time, so it's a perfect opportunity to run into problems and learn how to solve them without a lot of risk.You need three things:-Ability to estimate reasonable ARV-Ability to ballpark a rehab estimate-Basic math skills-A good real estate attorney-Ability to solve problems-Cash buyers1.