My name is Cam Stewart, and I am currently a 2nd year MBA student at Boston University Questrom School of Business where I am also getting my MS in Digital Innovation.

The stupid people with the 7+ year car loans and revolving credit cards will go down, as they always do.

There's no way an agent with a video cam is going to be able to give you information you would otherwise get from physically walking the property. 

@William Coet Home equity lines of credits are typically revolving debts with floating rates that can change on a month to month basis. 

  $5k is not enough to weather any potential storms, even if you have a HELOC with a pretty large revolving credit limit.

You have the location, the tenants, age of the building, structure of the leases, at what pace rent increases, any cam caps and are they cumulative or non-cumulative and are they are controllable or non-controllable expenses, etc.

My son is 10 months old and every decision we make revolves around him, his future and out ability to spend as much time with him as possible.

The concern is that a HELOC is revolving credit that lenders may view as a higher debt to income ratio that is not defined solely for the home receiving rents for the property like a refi would do.

I feel I am now more comfortable to take the leap to propel forward with great velocity.My why revolves around creating enough passive income (~$15k/mo) to support my parents who are growing older because I would not be in this position if it weren’t for them, watch my future family (I plan to have in the next year or two) not only grow up before my eyes, but be there for them as an active, loving father, and help those closest to me understand that financial freedom through real estate is achievable.

I'm also currently negotiating several 5-10 year leases on a mixed use property of mine and the thought crossed my mind that I don't have a contingency for a high inflation scenario - my annual rent and CAM increases are 2% and 5% respectively.