Thanks,Ani I recommend putting in a security screen door.

I would use the HELOC for a down payment on the prospective investment property and then try to secure a conventional loan(right??).

Given your situation, we can look into options for securing a loan for the land purchase.

The city’s diverse economy, driven by key industries such as transportation, healthcare, and education, supports a robust rental market.

I set everything up as I understood it in this thread, with the security deed to my LLC, which i am sole member. 

My question is, should I pay-off my primary residence mortgage to 1)Get peace of mind and some sort of security 2)Opportunity to borrow from my equity if needed 3) Extra cashflow to save and invest in another rental property in the future OR should I keep my primary residence mortgage (due to the low interest rate) and purchase another rental property instead?

I am committed to continuously monitoring market trends and fostering robust industry relationships, positioning myself for sustained success in commercial real estate.

Carry interest of any debt secured by property.I don't believe "necessary" is a word in the statue.  

@Jay Levy that's a lot of asks and is too much to type.So, here's copy & paste from our website that may answer some of your questions:-Robust Tenant ScreeningA bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

I'm fine with combing the market for deals, just trying to find a way to legally secure financing without a due on sale clause raining on my parade.