Start there then move portions of your money to where you feel you’d like to take on more risk.

You still have to run comps on everything, determine construction costs & estimate ARV, carry & commission costs, etc to make sure that deal in that market makes sense.To do that last portion better, I use Sales Comps and drilled-down market stats. 

It might be worth consulting with a local real estate expert in each area to get more nuanced insights.Given your budget, you could potentially diversify by allocating a portion to each location.

Helocs must also be calculated in underwriting based on fully exhausted payment meaning even if you only use a portion during the next purchase they underwriter will hit you with the full payment for risk.Cash out on the other hand is a liquid reserve tax free and it only requires (1) mortgage/lien.

By doing so, you could redirect the funds currently spent on rent towards acquiring assets that have the potential to generate long-term wealth through appreciation and other investment returns.When considering partnering with a turnkey company, ensuring their reliability and alignment with your investment objectives is crucial.Regarding financial advisors, seeking recommendations from trusted sources can help you find professionals with expertise in real estate investments who can assist you in making informed decisions that support your financial objectives.In summary, prioritizing the acquisition of income-generating assets can play a vital role in building wealth and achieving financial security over the long term. 

You build a solid reputation as a deal closer, vs someone who bails when their portion of the deal doesn't work out. 

Don’t forget ROI includes debt pay down so it has to include the principle portion of the loan payment as ROI, I don’t see that listed?

Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset.

I have an investor from Cali who just finished up with "Rent" portion of the BRRRR.

Paying for education is vital, mentorship can go both ways, only you know if you will take action.