And vehicles are not in any Trust because they are high risk.

Knowing the vehicle you are passionate about and how to CHANNEL that money is key.

LA city has loosened up a number of laws around ADUs as of January 1, including legalizing movable tiny homes as ADUs.Do any investors in other parts of the country have experience with buying or renting out movable tiny homes or other types of non-traditional living structures? 

However, I like your strategy and the fact you have an investment vehicle for rehabs, second positions, and first. 

Looking for some insights on my thoughts below regarding out of state operation, and tax purposes / registration of vehicles etc.

I am currently working with a Buy/Hold strategy with vehicles in the form of apartments/condos.

Over the last 4 weeks or so, I’ve been doing a ton of research on how I can get started in RE investing and I’ve learned a lot with respect to investment vehicles, strategies, and financing.

I strongly prefer mortgage brokers for a couple reasons: relationships, communication, access to multiple lending options vs. just bank lending vehicles, and while there are plenty of good bankers out there, I feel like the best brokers I know are just hungrier and more on your side (bankers work for/answer to the bank)...Best of luck,Mathew

A great example was when I was asked to look at a vehicle that they had already put $300 of parts into.

A fixed rate solution with P&I over a long term is a better vehicle for tapping equity for buy and hold than a HELOC would be.