Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property. 

So this is some kind of communal organization - there is a "mentor" at the top, and a bunch of "mentees" who do work for each other/for the mentor.Hopefully the asset is all in your name and your name only. 

However it is worth it to pay a little bit more money for a mortgage now, so I can start building equity, assets, and future cash flow.Hey @Kody Glithero, welcome to the BP Forum and it's so great to hear you're looking to start your real estate journey as such a young age!

.), I'd recommend that the residential units fully cash flow the loan as my experience is that mixed use properties are tougher to finance as most lenders tend to prefer one or the other and something in the middle gets more difficult.For example, and granted I don't know anything about the area/neighborhood, I would expect this property (https://www.realtor.com/realestateandhomes-detail/111-NW-Har...) to be easier to finance than the mixed-use property you mentioned. 

I’m not looking to retire early or replace my income through rentals—I just want to diversify our assets.

By exploring options for cost-effective utility usage, such as installing low-flow fixtures and implementing irrigation systems, we can significantly save on water expenses.To keep things running like a well-oiled machine, you’ve got to have a rock-solid asset management plan.

How can assets be moved into a LP's name without triggering capitol gains? 

I am hoping to be an asset to experienced investors, with the intention of learning as much as I can, so that I can start building a portfolio of my own.

My firm integrated the services together and our clients have loved the one stop shopping for all RE accounting, tax, asset protection and entity work. 

Who wants to sell their worst-performing property and turn it into a better asset?