It's the same idea.FYI I've seen subto contracts which provide for ~$50,000 in liquidated damages against a seller that reports the sale to the lender and that results in the loan being called.

I'm in a position with some equity and liquidity to start building my investment portfolio.

•Stay liquid.

His roadmap for retirement is $500k liquid assets, paid off primary home, and more than 1 income source (real estate, part time job, social security if old enough, etc.).

In a syndication you have low control and also limited liquidity. 

Many investors aim to jump straight into turnkey properties or multifamily deals to scale quickly, but the truth is that most people don’t have enough liquid capital to maintain consistent growth this way.

Most lenders are going to want to see a few big things from the ownership group. 1) The borrower will be the enitity (LLC, S-Corp, etc) and any owner with usually 20% or more of ownership in the entity will be expected to guaranty the loan, 2) We'll want to see some experience doing similar projects from at least one of the main owners, 3) We'll want to see bank statements showing liquidity enough to cover the intial cash injection (down payment), the closing cost, and some cash in reserve.

Personally I only use my HELOC on short term projects like flips, new builds and BRRRRs where I know I will be replacing the capital within months.You may be better off waiting a year and save up more cash or liquidate your index funds if the returns on a property will be better.

Airbnb rejected claim stating it could have been in toilet previous to guest that experienced the blockage (no way, nothing but liquid was going past a vape in the s trap).  

You have 80K liquid depending on the property type you can put 15% down on a investment property.