For diversification and balancing your liquidity I would argue do both Due diligence is arguably the same.

If experience is your concern, you can easily partner up with another experienced investor in your area to help balance the risk out. 

At that time, i will have the knowledge and network to expand and build my portfolio at an increasing speed and then it will be part of my growing pains for my business.I will most likely have that CPA do my returns for the real estate and then have my Tax Accountant still do my Personal, helps with Checks and Balance and cost savings.Do you have cost segregation, or anything like that on any of your properties?  

@Ram Go "Initial Debt" may or may not be the same thing as the current loan balance. 

Use your HELOC to purchase the duplex outright for $118K.Your brother’s $50K down payment can immediately go toward reducing your HELOC balance, leaving a remaining balance of $68K.Create a formal lease-to-own agreement with your brother.

Roth IRA contributions can be withdrawn tax-free, but earnings may be subject to income tax and penalties unless the account has been held for five years and you're 59½ or older.Instead, consider rolling over your IRA into a solo 401(k) if you're self-employed, allowing you to borrow up to $50,000 or 50% of the account balance, whichever is lower.

We sell the property to the tenant buyer with minimal closing costs.Here are the numbers for our most recent project:Purchase price 138kRehab around 40k Closing costs 7kCarrying costs 5kSecond closing costs 7kAll in 197kARV 245kLease option fee that comes to us 4kLoan amount 180kMoney left into the property 17k in the property, 10k in the account, 5k to meSales price in 3 years 270kLoan balance in 3 years about 170kCash flow 140 a month.Estimated profit over the 3 years is around 70k. 

These experiences shape my growth-mindset and value-first orientation, ensuring I bring a unique perspective to every deal.Personal Insight:As a father of six, I understands the importance of balancing family values with sound investment strategies.

We typically do 4-5 years interest only while paying down the principle balances over time.

When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.