Forth, what is your interest rate?

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

Perhaps you could even get your new property rented out at a rate that would pay your heloc bill, at interest-only payments that should be fairly easy.

Once again, very greatly appreciate your contribution and time looking at my report.

@Mickey Petersen Like what @Alex Olson said, a 1031 exchange is a great way to diversify and further grow your RE portfolio.

Someone with $10M in the bank in cash just needs to put a lot of money to work and time value and tax write off is more interesting to them than a hungry investor in their 20s that has never found a deal.Honestly, books are great, but they are about as "boiler plate" as you can get as I'm sure you're discovering.

Some lenders offer discounts to return borrowers so maybe look into both flip and DSCR rates when finding a lender. 

BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.

Of the conversations I have had with people discussing hard money lending, some seemed opinionated in that the high interest rates and terms were enough to scare them off.

More and more investors are looking to assume low-interest loans rather than deal with reduced cashflow thanks to today's interest rates.