Passive Investor w Home equity needs advice

[Miles Presha]

Hey folks....

I'll put bullet points to spare your brain...

I'll be coming into some nice equity soon - prob 1-200 K when I close on my fixer.  I am living there now and still need a few touches to bring the house up to par.

1. still needs a new roof, exterior paint, and kitchen upgrades. Want to build out attic which would triple value of the house

2. Would like to take a HELOC at some point to put 100-150K in cashflowing investments

3. I live in L.A. so considering out of state

4. Have done some mobile home investing  - takes lots of work but has cheap buy in

5. Binging on education  - Turnkey, Multifamily, Mobile Homes, modular

6. What to do?  My plan is to generate 15-20K in passive cashflow a month as my target to leave the rat race  What's the fastest way there without having to be super active?.  Willing to do some traveling, but mostly as checking in on properties

Whaddya think?  

thanks for reading,

Miles