Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Will you use the HELOC as a short-term bridge, or plan to hold it longer?

Start with the county, zoning, planning commissions etc.

At that point, you’re building a business plan—something you can take to the bank.

Dig deep into tax strategy, tax efficiency, etc  Learn about estate planning. 

that's $100K+ in cash PLUS a solid plan to achieve for that return. 

I feel a loss of direction and that makes it really hard for me to focus and build.Do we keep at building a portfolio of small multi family (very abundant in my market, very rare to find anything above a triplex for sale), with plans of selling the portfolio and 1031'ing into larger properties? 

My plan is to diversify my syndications by finding similar players in other good locations.

Hey Nithin, one of my client's closes today on a next gen home that they plan on renting out the separate unit.

But it’s something I tailor the business plan to just in case.So your investor could get caught in having their loan called with not a lot of notice if things change.