There is less competition now and the saying "Don't wait to buy real estate, buy real estate and wait" ALWAYS holds true!

You want to make sure your debt to income ratio is available as possible to help you acquire your next house hack and you rinse and repeat until you no longer can use that strategy. 

-repeat the process every year by acquiring one house every year with the appropriate income qualification

If you are working with a reputable company, then you buy the property, hold the property and look up 7-10 years down the road and have a home that has increased in value and a debt that has been reduced by your renter.   

Property prices are still very affordable, which makes it great for BRRRR or buy-and-hold strategies.

Are they holding the money, or are they spending it?

If you’re a California resident, the state will still expect you to pay its annual franchise tax for your LLC, even if the LLC holds properties out of state.

It seem like a great long term hold with the appreciation BUT I think selling would be ideal.

With your goals in mind, here are some thoughts on each approach to help you decide what might work best for your situation:BRRRR Strategy: The BRRR (Buy, Rehab, Rent, Refinance, Repeat) method can accelerate portfolio growth, but it does require strong contractor connections and careful planning.

Holding onto a HELOC long term is painful, so you'll want to make sure your exit from the HELOC is planned out.