Then park it in your savings and be ready to deploy.

I’m stationed in CA and currently deployed for a bit longer here, but my goal is to BRRRR at least 6 properties within the next year.

Certainly if you take that capital and deploy it correctly you can come out ahead overall.

IMO a HELOC is best used for short term deployments, to get access to quick, short term cash infusions.

I maintained a rental property through a year long military deployment later followed by a 15 month deployment, and again followed by a two year deployment.

The balloon will be taxed, but taxed at a lower rate and can then be deployed wherever makes sense, including internationally (not an option with a 1031 exchange alone).

I have a Canadian investor about to deploy into 2-3 of my deals, and he's speaking with a few cpa's to best work this out.

Here are some companies with technologies that can be deployed to find water leaks:Water SignalIntelliflowAquarias SpectrumThere are others

With the rise of inflation happening it's only going to get harder and harder to get started in real estate.I am sure a lot of the buyers who are beating you out are seasoned investors who have the capital to deploy and understand the long-term appreciation that is happening in the areas you mentioned.Keep writing offers and you'll be sure to land something in the near future.

I wonder how I would structure the rental agreement in terms of them possibly being deployed at any point.