LLC's are still the way to go but yes you can't tap into owner occupied mortgage tools such as HELOC's or high leverage.

For higher priced properties the 70% rule gives you too high of a profit and your offer won’t be competitive. 

Keep in mind you will be selling to an investor so the pricing won't be a high as a vacant property.

I'm in Kansas City so I can't say for sure but I would highly doubt they'd raise any alarm bells.

Understand that high returns mean high risk in any PASSIVE investment.  4.

Interested in getting some extra income with converting the extra space in the basement into a rentable unit.Basements in a one-family home can be lawfully rented only if the following conditions are met:Compliance with the Housing Maintenance Code for minimum room size.There is a minimum ceiling height of 7 ft.The walls, as high as ground level, must be damp- and water-proofed if HPD determines that subsoil conditions on the lot require it.The basement is occupied by one family and does not include boarders.Every room must have at least one window.The bottom of any yard or other required open space cannot be higher than six inches below the window sill of any required window in the room.

Diversify your portfolio by investing in high-appreciation and cash-flow markets.Good luck!

You get so much wealth and start getting older you enjoy the business but focus on quality of life more and memories. 

The things you have mentioned are simple, high level thoughts based on assumptions.

A lot of people negatively arbitrage their 30-year mortgage, after taxes, if they keep money in a high yield savings account instead of prepaying their mortgage, because the savings account pays 4.25%, and their mortgage rate is 3.75%.