HELOCs let you access equity as needed, keeping costs low unless you use the funds.Key considerations: If you plan to scale quickly, the HELOC might provide the liquidity you need for faster moves.

Their loss is our gain.

This will depend on your risk tolerance and your goals but you should consider starting with a single-family home to gain experience as a landlord and build your network.

I have access to a VA loan but I like where I'm at now and don't want to do another move right now.

Quote from @Christopher Allen Main: @Nathan Gesner,     Looking at fileplace, is there a way to gain access to the full repo so I can download it all it for training my AI?

Rent on a 4 bedroom place may be $5000 monthly ($12,000 in Manhattan); rent it by the bedroom for $1500 per bedroom with access to all common areas.  

Madison is also a great city to invest if you're looking to gain equity a bit quicker than other parts of the state.

My property has a rear detached garage with alley access, so I’m exploring options there.5.

Have you accessed the property?

Any information about land in reference to developing townhomes would be helpful Thanks @William Fuller Do you want to start small and gain experience in your market and then go from there?