My plan would be to use the equity loan from the second home to purchase another great deal (3rd home) and use the rental income from the second home to pay towards the equity loan and then start renting out the third home to get rental income and start paying off the mortgage on the 3rd home.

That being said, I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection as it relates to real estate.

Does anyone know of any other ways to gauge the effectiveness of this plan? 

I own one half, 3 bed 3 bath, and I’m currently living in and renovating it with plans to rent down the line.

For down payment, plan to need 30-40%.

@Jacob AndersonI've only used my HELOC for investing when I have a quick exit plan.

I'm finishing up the last of my engagement letters for next year and I know many of us will have sporadic availability for tax planning after this week due to the holidays. 

I wouldn't start investing in the US if you have no plans on coming back from living in China.

Hello,I’m looking for guidance on if a 1031 exchange is applicable in my situation.I currently own a single family rental property that I’m planning on selling.

If you plan to live there in the winters, you might have a hard time doing long term rental outside of that and finding a new tenant every summer.