House hacking lets you live in one unit and rent out the others, which can help cover your mortgage and generate some extra income.

If I assume this is a rental property, your income isn't over $150k, and you're not a real estate professional then the losses the rental property generates could offset other income up to a certain amount. 

I think the HELOC is the way to go if you can - However after reading your post, if you are talking about a 6 figure pay day, how long would the property take to generate that 6 figures in cash flow?

Hey Mark,I’d also recommend considering DataFlik for deal sourcing and lead generation.

If you warned them and they didn't clean things up that could be a reason. 10.

Hi everyone,I’m seeking advice on a property for a family friend who’s considering selling it to reinvest in opportunities that generate better cash flow.

The goal is legitimate: due to complex tax rules, you have opportunities to game the system by selling some of your investments and intentionally generating either gains or losses.

Don’t know much about Memphis as a city itself though, I just know crime was a problem back in the day, is that still the case or is the city getting cleaned up and growing?

clean up What was the outcome?

First, please do NOT think you're going to generate enough cashflow to live off of within 3-5 years.