Hello from Orange County, CA

[Adam K.]

Been lurking for a bit, but I'm attracted to the idea of building a small portfolio of rental properties to diversify my already self-employed income. But I have to start with just one! My business is performing well, and I expect to have a tax return showing enough income to qualify for a HELOC, and from there I'm hoping to invest, either further inland or potentially out of state where I can buy a property entirely with a HELOC, find a trustworthy property manager, and get moving.

I am open to suggestions, tweaks, or any other kind of wisdom as I look into this. Looking forward to the journey.