Land is scarce, development is limited by resources and decade after decade the millionires are kicked out by the billionaires..truly.Anyway, that's my view, it's a long term hold view in an idyllic spot that few people will be able to attain ownership in.

I generally agree that if interest rates were the same between HELOC and mortgage, it makes sense to attain the flexibility to hasten pay off with ones extra cash flow - or borrow it back as desired/required.As for your last sentence, it's not "the same thing", simply because: interest rates are not the same!

Thanks for that clarification. 

Velocity of money, or speed in which you can complete a BRRRR investment and repeat, is key to success, and refinancing with the shortest seasoning requirements is highly important.Loan terms and interest: Cash flow is also an important consideration for a refinanced rental property, so attaining a low interest rate, as well as other aspects of loan structure (term, amortization, or interest only, etc.), plays a big role.Generally, there are three main refinance options for BRRRR method investors: Conventional loansBank/credit union loansDSCR loansConventional loans are generally defined as loans originated under GSE (Fannie Mae/Freddie Mac) rules and guidelines and securitized.

After that at some point he had me read Rich Dad, Poor Dad and I knew he was right that it was the way to build wealth, but I didn't think it was something attainable for me. 

The AZ Landlord Tenant Act doesn't specify a mandatory minimum temp that must be attainable.

Thanks for the clarification, Zack!

thank you for that clarification.

Just a quick clarification for all that put the weight in their feed back as the "EDUCATION". 

The company offers what they call "attainably priced" apartments, arguing that their rents are lower than market rate.