They know LLs might favor wager earners over those getting aid or SSI.

If I was a betting man, I would wager that most new note investors struggle more than they ever imagined with borrower communication.

Granted you can "control" more assets, but couldn't you parlay the large cash flow into another debt free property down the road that is also giving you high cash flow?  

*Google search: "Containers on Grand" if interested.These may not maintain their luster forever, but for at-least 5-10 years, I'd wager that they remain fairly relevant since the facade is so generic. 

To parlay on what the others said, moving a property line isn't a big deal if you're not in a big hurry and have the money to do it.  

So, there's more to talk about before I could give you fully informed guidance, but at the bird's-eye view I'd say it makes sense to consider HELOC and fixed 2nd options on your current primary, then parlay that capital into the next investment purchase. 

I want to jump on a property now and hope to parlay it to another property, so that is the reason I was looking at the 70% ARV.  

I would say you know of some areas in your local market that could be perfect for this strategy at a price point around 100-150K for purchase and rehab of 25-50K, you can parlay that invested money into double what you have and keep going.

Hi Robert,I have a very good friend who did just that, he was a very successful wholesaler who parlayed his profits into a substantial note portfolio and business ( he just wasn't crazy about tenants & maintenance with buy & hold RE ).

When he heard that, he was shocked, asked how can I conclude this and wagered that not only will he last a year, he'll be there for several, even ten.