Valid points all around but hey, what's the point in having goals if they're easily achievable, right?

Most of our sites are a little bit larger - 50 unit to 300 unit apartment-style or townhome-style developments. 

“The ability to attend to a task and stick to long-term goals is the greatest predictor of success, greater than academic achievement, extracurricular involvement, test scores, and IQ.

With a HELOC, determination, due diligence, and a bit of luck, I am confident that I will achieve success in this REI.

-Establish credibility by conveying the achievements of both you and your company, using factual information without excessive self-promotion.

I'm particularly interested in strategies that could help me achieve financial independence as soon as possible.

@Michael GondaIt ultimately comes down to what you want to achieve with the equity.

I love your don't take crap style of how you manage your properties. 

In our market, it's not a deal killer, but you have to take into consideration a lower qualified tenant, and you will not be able to achieve market rents.

I have a great property in PHX that we have listed for sale, but I would be interested in running an RAL out of my house (already furnished, 5 bed 3 bath, single story ranch style home with two master bedrooms and a pool).