As others have noted, this can be risky.

We’re still weighing whether to manage ourselves or hire a property manager, but I’m definitely leaning towards having a reliable team in place either way.Your advice about not taking on too much risk is a good reminder.

While borrowing for a down payment is risky, increasing your savings will lower your interest rate.

I want to be straight with you - trying to invest with absolutely no cash reserves is really risky.

Engage with them at your own risk. I

@Shayan Sameer Yes in case the projects do not work as expected you will have an issue with paying off the HELOC  on  your properties unless you do a cash out refinance and then the risk is not so much as there is no second lien(HELOC)

You may be better served with a market where you would have more purchase options and more margin (equates to less risk).I like San Diego RE.

But always remember that RE is a risky venture, and you could go through years of less than stellar performance.

Not all seller financing is good financing, and certain types of financing are more risky than others.

I think the most important thing to consider is risk.  I