You've done a great job with keeping your debt low so I have no concerns about your level of discipline to use/reuse a line of credit.All the best!

I went low end of middle.

Either way, after five years, I can say I achieved a certain level of passive income—just not the kind that puts cash in my pocket. 

The market has been on the upswing with low interest rates since 2012. 

Population growth creates increased demand for housing, pushing rents higher.Rapid and Sustained Appreciation: In cities with abundant, low-cost land, new construction is often preferred over existing properties, limiting appreciation potential.

Access to these,  I do not believe requires a license, but it is in the thousands of dollars for access at the level you need.

Here's the challenge: If the numbers work with a low down payment, why wouldn't an investor putting 20%-30% just buy it and could likely offer more?

Ultimately, it depends on your comfort level with the local regulations and market dynamics.

I get it but over time, you are going to have to understand that no matter what you do, eventually you will have an azz that wants to give you a low rating.

If for aging population he might do ranch versus multi level.