You might also want to explore other options like Real Estate Investment Trusts (REITs) for more flexibility or even direct ownership of smaller properties if you want a bit more control.

I would explore there. 

I do have some references in Vegas if you're interested in exploring. 

Aaron Linden you're right Aaron, I do intend on going there and do some exploring of the city, do you have any recommendations on what parts of the city tend to be safer and quieter?

Are you planning to invest only in your local market, or are you open to exploring opportunities elsewhere as well?

Short term rentals can be lucrative but come with higher variability and management needs.My Take:It might be beneficial to consider a mixed approach—drop the rent slightly under market value to secure a tenant and stabilize your cash flow, while simultaneously exploring the short term rental market.

I’ve started to explore the “creative deals” side of real estate & honestly it’s pretty amazing.

I'm in the early learning and exploration stage and definitely learning a lot just searching through the BP threads and reading.This gives me more to digest and continue learning.

I think you are on the right path with exploring the HELOC.  

CRE newbie interested in becoming an expert on the Central Coast of California. Willing to exchange my willingness to cold call and make sales calls for your advice and feedback on strategies and techniques.Best/Connie