What would you do with a $200k line of credit?

[David Sanford]

I just got approved for a $200k line of credit backed by a few of my rentals equity. My plan was to use the LOC to fund purchase/renovations of a house at a time to build up cash for my long term goal, however I'd like to see if there is a better option out there. My long term goal is to invest in a syndication or JV an apartment building or mobile home park. I thought of using the line to JV as my half but the line has to be paid off for 30 days of the year so I can't use it for a long term investment.