Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

Liability Protection Asset Protection: The primary reason for holding real estate in an LLC is to protect your personal assets from liability.

Also, if you pay your parents any profit for the property, if it is their primary residence, I believe that a married couple has up to $500,000 exemption on profit from a primary residence, I'm not 100% sure on that, but you can search for that pretty quick.If you are looking for any loans, please let me know.

Gastonia is actually the primary market I work in with all of my investors and with the revitalization plans for the city I am quite bullish on the Gastonia market.

I apologize if I wasn't clear on my question, I didn't really go into my plans for how I would invest as I didn't think it really pertained to my question, yes I know I should not purchase a rental using a HELOC and certainly that wasn't the plan.Whether it be a flip or brrrr, I would use some investment vehicle that would allow me to pay back the money.Roll into as when I purchase my next primary home, use the equity towards the house.The premise of my question was just is owning a home expensive enough now to where it'd be worth putting more money towards it when purchasing to lower payment/pay off quicker, or would it still be worth it to use all of that money towards other real estate. 

Unfortunately, Figure told me the following:"Yes, we offer our HELOC product to primary, secondary and investment properties.

Also what was the quote you got, and was it on a primary or on a rental and at what LTV?

You also have bank statement loans where they use 12 or 24 months gross deposits of a personal or business checking account.Buying a primary home is the fastest and less expensive on the pockets to then transition into a rental in as little as 6-12 months.

If he also lives on the ranch then a certain % of that property could be allocated as his primary residence. 

The primary goal of cost segregation is to identify components that are not real property and therefore can be depreciated faster (typically over five, seven, and 15 years).