It's a little harder to cashflow here in San Diego, but it's possible with the right team in place!

HELOCs are much tricker than a closed end second - they don't typically allow you to close in an LLC and they are full doc qualification, meaning your FICO, employment history, income, DTI etc all come into play.

But she takes excellent care of them (even put in a small concrete pool for them to play in during the summer:-).

While this may be risky in other ways, you'd be able to continue to grow your portfolio without taking as much equity from your income producing properties and possibly sustain your continued cash flow with them. 

Since COVID, the demand for cash actually increased, so this is a recession resistant play.

As you mentioned those specific details about MTRs geared toward traveling healthcare professionals, these are things I think would help us tremendously as landlords because we play both roles.

After 20 years in real estate (before DSCR loans were even around), here’s my take: Tampa and Central Florida are gold mines if you play it smart.

we invest in value add plays (no major rehabs) 10-40 units.

I would lean toward Roseville or Elk Grove, while you will possibly pay a premium investing there, your upside long term is going to be better.

That could involve mediation or court, OR possibly if nobody takes an action you may simply be awarded the EMD back after a certain time period.