Life Goals--Own 15-20 doors by 2021-Become a success story within the BP family-Quit our JOBS by 2022 (w/passive income from investment properties and our real estate business) Financial snapshot for our purchase--$91k (1031 Exchange money)-134k (Cash and LOC)-Total=$225k to investWe are on a tight timeline with the 1031 money, so would appreciate advice on our overall strategy Strategy-As a seasoned investor, if you were in my shoes and with our goals in mind- what would your strategy be?

Obviously you'll have some costs associated with the HELOC, and you want to be very sure you can sell your existing house quickly (if cash on hand is tight). 

The rental market is very strong, and if you are in for the long term as long as the cash flow isn't tight downturns can be weathered. 

You would have no 1031 deadlines to meet so you could take your time identifying and closing on a replacement property. 

for a flipper the numbers may be tight using the 65% ARV - minus repairs math. 

I understand cash flow might be tight at first - my rule is it can't be negative. 

I believe that the absolute best way to make money in real estate is utilizing debt, but that there is a tight rope that has to be walked between investment debt and personal debt.

I'd pay special attention to the roof -- if your funds are going to be tight, you don't want to have to deal with getting a new roof too soon in this investment endeavor. 

Everything people I know are telling me is 200 a month isn’t worth it and to hang tight for a better deal.

I thought letting them know the deadline date would make them even more motivated to sell their house before it's too late.