Without a scalable model, your business will be limited to the effort of the entrepreneur.

If you wait two years and have only used it for limited personal use then the IRS guarantees your investment intent under Rev Proc 2008-16. 

Is the trust claiming that whatever occurred, the plaintiff’s recovery is limited to the corpus of the trust?

A general credit line, on the other hand, could be secured by other assets or unsecured, and doesn't necessarily involve your home equity.HELOC Characteristics: - Uses your home as collateral - Usually has a lower interest rate than unsecured credit lines - Typically has a variable interest rate - Allows you to borrow up to a certain limit, repay, and borrow again during the draw period - Can be used for various purposes, including home improvements, debt consolidation, or as an emergency fund While it's possible to use a HELOC for RE investing or rehab projects, some lenders may be hesitant about this use.

With limited multifamily properties in PHX, this is a realistic route that I'd recommend considering.  

If you are looking for cash flow typically multiple unit properties are going to be your best bet but might require a little more work up front and there are not a lot of them around the area to scoop up right now.

@Vinessa EiseleInteresting negotiating skills.I have lenders who will allow seconds on DSCR loans, but the "seller financed" part is limited to 15%, whereas the borrower must bring at least 10% of their own funds to the deal. 

The lender may not otherwise restrict the homeowner’s use of the loan proceeds for any lawful purpose.Default and ForeclosureIf the borrower defaults on the loan, a home equity lender’s recourse is limited as compared to most other mortgages and loans.

I do have some money in savings that I could use for a down payment, however if I use only that money, I will be quite limited in how much I can spend. 

Maybe this is a bad idea but this is the only option I have available or see within my limited knowledge so far.