@Jordyn Ohs Assuming your heloc is re-advanceable and the rate is higher than your mortgage, I would suggest you pay your HELOC down as quickly as possible with any cash flow from the properties.

Long term play would be to either use it as a short term rental or 1031 exchange it after 2+ years.

Yep, an SF play is actually interesting to me right now.

I’m here as a 51 year old newbie to real estate investing and wanting to learn as much as possible.  

Quote from @Ricardo Polanco: Good evening everyone, I am evaluating the possibility of buying a multifamily property in Scranton, at this moment it has 2 apartments that only need cosmetic repairs and it has a big 2nd floor unit that needs a full repair.

I'm not familiar with Pace Morby, but I'm based in STL and would be happy to help answer your questions and possibly make some introductions.

Potential redevelopment or ADU play. 

However, I don’t know how to go about possible PML and maybe a partner.

I would keep as much liquid as possible and essentially get you to 20% equity or more by renovating the property. 

I find it hard to believe there won't be access to some kind of REI meet up somewhere around most anyone these days.I would suggest going to as many REI meet ups as possible.