HELOC is usually interest only for the first ten years with an adjustable rate, whereas a Home equity loan is both interest and principle payments.

I'm in good shape, can lift heavy objects, grew up as handyman for a single parent family, etc. 

You have 100k and the objective of your move is to start in a location which can build passive income short term (within 5 years), not just long term wealth investments. 

If your real estate attorney specializes in closings, they might not be the best choice for entity structuring advice.You should be crystal clear on your own objectives long before you engage an attorney.

I'm not in Seattle, but am in a market where .5% MLS deals on small multis has become the norm and median home prices are $300k.My goal is value and hopefully break-even (sometimes including principle pay-down) on my nicer houses. 

You can see why any lawyer would object to this language, as mine did. 

Just want to know how to handle this objection.

Hello Gabriel,It sounds like you have two different sale objectives here: the business and the real estate.

The basic principles will apply.

Then you can talk through any objections you have.