You can be an agent absolutely anywhere so that shouldn't factor into your decision.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Additionally, I’ve deepened my understanding of real estate terminology and gained valuable insights into the critical aspects of properties, from structural components to factors to look out for. 

Real estate investments can be great so hopefully you can apply what you've learned here so that if you decide to try it again you'll get a better outcome.I think what may have went wrong here is you invested in real estate at the wrong time, and with the wrong operator (syndicator), and perhaps didn't have the expertise to sort either of those two factors out.  

Hi Chris, This would come down to what your blended rate is factoring both your HELOC and 1st Mortgage rate

I would recommend look at property taxes and insurance costs and factor those into your projected monthly payments.

I figure if I can get really good at helping people design shared home plans, then maybe I can create a business around it.There’s no pressure or obligation here—this is just an opportunity for me to learn and help. 

Investment Info:Single-family residence other investment in Devils Elbow. 5680 Sqft Design and build in 8 months What made you interested in investing in this type of deal?

The other group making good money have a business designed to get some portion of YOUR money.

Have you factored in tax savings on this?