Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I plan to sale the lots that way.

Ask the township for their 3-5 year development plan...

You'll find that your best talent is already working at another lender or is planning to transition to the broker side. 

Yeah that sounds like a good plan!

@Roman Balmakov If you are planning on holding the property long term and have enough reserves to cover even worst case scenarios it could still be worth it. 

So I’m trying to come up with a game plan  Conventional loans do require 25% down on an investment property.

And the interest on the HELOC is usually higher than on the mortgage.As I demonstrated before, you will get ahead if you would put that additional money directly into the mortgage principal instead of using a HELOC.Velocity banking is fine for people who can't budget as it give them a plan to follow and force them to save more.

If you plan to scale, I would get one right away on your first property.

I have employer sponsored plans that match contributions as well as a solo 401k and I do a backdoor Roth.