However as Texas only allows a HELOC on your Primary Residence, I don’t want to lose this facility if I move to a new place (and I want to comply with the rules!).

The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

The idea here being you buy a 3-4 bedroom house near your practice facilities--and renting the extra rooms to your teammates. 

Most property managers don't charge any markup.

This client chose not to use our services and instead, tried to self-manage their primary.

Look to learn, and hopefully implement converting my duplex into an assisted living center. Any advice or direction on how to go about this in Wisconsin would be greatly appreciated.

Check out PMW, Property Manager Websites

They're generally more stable and less management-intensive while you learn the ropes.

Does that mean the actual manager or a local contact.

Buy the property, lease it up and refinance.One thing you’ll want to know about the credit facility is not necessarily the margin call parameters, which I wouldn’t be concerned with if there is a significant amount of equity in your investors securities securities portfolio, but what are the other terms?