It's definitely one of those issues that is very specific, and would need to be worked out with Planning.

On a positive note we did build a new house to the specifications of a specific tenant. 

Are you working on any projects or targeting anything specific?

I would probably go with a HELOC as you won't have to pay for what you're not using unless you've got a specific property you're going to be buying with that money so you know you won't just take out the loan and sit on it paying interest all the while. 

This will be area specific. 

For the most part vs focusing on a specific neighborhood or two I would say keep you options open to all. 

As far as I can tell, I'm the only REI in this specific niche within the county.

Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.

I'm wondering how much specifics I need to include for each line item. 

That isn't written somewhere specifically that way, but your lender will ask why you would move your primary from (for example) a 2,000 SF SFR to a 750 SF unit in a four plex?