If you’ve got any success stories, lessons learned, or even cautionary tales, I’d love to hear them.Thank you for welcoming me to this amazing community.

If/when you do move, renting your vacated unit will provide even more cashflow.

Each deal comes with a different set of surprises even for the most experienced operators.Take your time and don't rush it. 

NEVER borrow from a 401K, you are taking pre-taxed dollars and paying it back with after tax dollars, you do not get to return the loan with pre taxed dollars, in addition, some 401K plans do charge interest and maybe even fees, and lastly if you get laid off for some reason, it is a distribution with all the "fun consequences: tax at the last dollar rate, and if you are under 59.5 there is also the additional 10% penalty.Personally I like the HELOC, however you can also sell stocks and do tax harvesting there to offset gains if that is an option

Good evening Jayce. 

I’d love to hear your thoughts, tips, or even warnings.

Even in the long run.

My main concern is the interest rates being so high now as to whether what I'm hoping to achieve is really even possible. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Many judges would feel you got paid even if no cash was sent to you.I could see this potentially working on a higher-end property that it in excellent condition with a Grade A tenant.