I respectfully disagree with @Joshua Dorkin  as well.

I also invest in other assets such as stocks, and private companies as well.

I'll be getting several more opinions from other plumbers as well.  

I've been reading a ton here as well and am learning every day.

FL and TX have been very popular and have large markets we try to help revitalize as well! 

“Ok, well, what if these economic signals are not a sign of a normalizing economy, but of one that may be approaching recession….?”

I'm sure how far Lake Monroe if from the University but I would also look into the amount of STRs in that as well.  

My plan is to funnel the rental incomes from all three properties, along with my W2 income, back into the HELOC while covering all expenses from it as well.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

Wade is extremely well respected and has a great reputation in the 1st lien space.