Legacy Pro membership was payed for today but the membership did not re-activate.

Once we adjusted pricing, activity picked up significantly.

By banking, I mean all your deposits and banking activity needs to now be done through the HELOC.

You still cannot benefit from pass through depreciation and carry forward losses to offset tax liabilities from their active source of income. 

I just got engaged to my fiancé, who graduated college in May and has a considerable amount of debt.

My thoughts on the HELOC are that we could use it to renovate our current properties and use the funds to fix up distressed properties in the future(doing BRRR-like activities) and thinking it could be used as a safety net if needed.Should we be doing this HELOC if we are unable to pay it back in full at a later date.

Like many others, I wasn't really active until recently.

Your post is under the house-hacking section, do you plan to house-hack and live in this property that you purchase in Jacksonville.If you are planning to live here in Jacksonville, it is important to choose a good neighborhood that you would enjoy living in.I personally like the 5 points/riverside, San Marco and Southside/Baymeadows area.These areas have more resturants/activities than other parts of Jacksonville in my opinion.

About 5 years ago we hopped in a RE syndication and pulled out of it recently to take a more active role in our investing (returns where meh), along with trying to supercharge our financial goals in retiring early. 

You’re asking the right question…I’m active duty Air Force with three rental properties, and I have three VA loans.Sometimes purchasing a home that’s close to turnkey may work if the numbers do.