The single family home was purchased at close to retail value and would say ARV is around $300k-$325k with $10k-$15k invested into the rehabWould a HELOC be a smart option for me to use from my primary residence?

I thought that would be the case that it would revert to the beneficiary I know it is not worth 180kI thInk Full retail is probably 150-160k That makes my decision on whether to go to this auction to watch.

I've found that for tile, the big box retailers Lowes and HD have a smaller selection from what's on display but are much cheaper than the specialty stores for a similar quality of flooring. 

Your future TEAM members.Research Notes, Land, Self Storage, Industrial, Retail, Office, or other real estate asset classes that you maybe interested in.Lots of other ways to take bigger uncomfortable steps to get to your goals faster. 

BUT if you can get value add or area you think is going to appreciate well and there is a real chance of retail exit that could mitigate it some.. 

I tried to get out of food a few times by doing retail work, but that was just really boring and unrewarding.

You also have access to a bunch of different options that most people can't do on their own such as self storage, mobile home parks, retail, triple net lease, etc.

After a roller-coaster ride for the past 2 months, it appears that I'll finally be closing on my first commercial property on October 1st.Two of the three retail/office tenants in the building have leases expiring on October 31st.

His idea is that they will tend to pay retail price, rather than selling to other investors who are looking for the killer deal.Has this been the general experience of others who have sold duplexes?

He paid retail (why listen to Dad) and their rent paid the mortgage.