Where it really accelerates is if you typically don't spend all your monthly earnings and you have money left off after all monthly expenses and that money stays in the HELOC.

On the other hand, Florida continues to be a highly desired market for out-of-state and foreign buyers, keeping demand strong.Given these factors, what are you currently doing with your condo investments in South Florida?

After analyzing the local Mercer County market I've noticed there are not that many MFH that are desirable meaning cash flow can occur, but appreciation, schools and good tenants will be at risk.

I have a few other rentals already and have been consistently earning well between all my investments, my job and my wife's job.

If you want little money in and starting earning I would consider trying to find distressed properties for flippers and deliver them through wholesale.

Do what you can with what you have to earn a profit.

Why do you have $60k in student loan debt but only earn entry level wages?

Since they might not have a deal in work at the time, we often do this a few times to keep in touch.Though it happens, we’re not looking to become friends, but face-to-face is the only way to determine if somebody has the integrity of someone you want to lend your hard-earned money to.  

If you could find a duplex property (or a single family house that could be turned into a duplex--check any HOA restrictions first), or a "fixer upper" to live in, that could be a better use of the equity you have in the rental house.If you run the numbers and decide it makes sense to sell the rental house (check with your accountant, figure out closing costs to selling and buying) then you'll possibly have more money to put towards a primary residence.You may want to check the neighborhoods that fall in the school district you want to stay in and look in "under appreciated" areas...maybe not the A class neighborhoods, but ones that have potential of becoming "improved".While I understand your desire to stay in a particular school district, it's not the end of the world to consider other districts if they will allow you to build real estate/family wealth that will put your entire family tree in a better position."

Why would the 'Contractor' not want his earnings reported to the IRS?