Congrats on reaching your goal Glenn!

The end goal is to have a piece of land with multiple houses: one for my growing family but also a home for my mother in law.My mother in law has agreed to foot the money on a new property/land up front and when ready we can buy land from her to build/develop etc. 

Because (depending on the business), they may not be necessary.What are your goals?

4. growth is not the goal, money is.

If you decide to exit real estate entirely, just make sure whatever investment path you choose aligns with your goals and risk tolerance.

If so and the monthly payment isn't too bad then you're still moving the needle forward if your main goal is wealth generation and not just cash flow. 

Goal is to get it up to 11%-12% CAP within the next couple year.

Keep moving the goal posts back until the desired outcome is achieved. 

Main goal of All In One heloc or 1st Lien Position Heloc:  Lower your daily average balance.Main Drawback: Rates are substantially higher than 60% of current 1st mortgage balances.If you are mostly living paycheck to paycheck and your money leaves your account as soon as it comes in to pay bills, this is not for you. 

It really depends on what you are wanting and the goal of the purchase.