My goal is to free up that line of credit so I can use it for short-term debt like flips and such.

After a bit more research, I actually think renting a place will get me started faster and earn some experience doing Airbnb with a little less risk involved.Obviously I still need to be concerned about not violating a lease agreement by doing so and I would likely live on the property and lot or all the time.Ownership is still the ultimate goal, but this looks a faster party to self driven income.

Hey Randall,Your question totally depends on your goals and situation but rarely is it best to lose $200 a month. 

It all comes down to you researching and aligning with the area that you feel will fit your investment goals best. 

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

This is where we will go back to your primary goal (Owning a cool property that you use sometimes vs. a pure investment property). 

Be active on social media, share your investment goals, and focus on building trust.

@Landon Sheveland People do fix and flips while living into the property to classify the property as primary residence and not pay any capital gain taxes. if that is your intention, don't use LLC to establish this as your LLC.If your goal is different compared to what I said above, you can use LLC.

Lofty goal, to be sure, but take it and work backward.

Assess Your Goals and Current Structure: Beyond replacing your handyman team, it’s important to evaluate your portfolio’s current management framework and clarify your long-term objectives.How are responsibilities currently divided among you and any co-owners or family members?