I'm a fan of using the HELOC to help purchase new property.

The US taxes global income which dramatically increases the reporting requirements.

Another interesting factor to California is global warming.

Quote from @Jessie Dillon: just my 2 cents.. i'm not a fan of the syndication model. there are better ways to invest more passively where you have more of a say in what goes on, can achieve higher returns, and can have your personal interests at a higher priority. 

You a big Dave Ramsey fan?

If you are a fan of Perioa Illinois you should connect with @Brad Stegall he's a big investor in the area and has a large meetup there.I say invest for your Grandson! 

If my crystal ball is correct, we are going to see a lot of these sub2 deals hit the fan in the next 36 months. 

In the short term, it will be more painful though.Personally, I'm not a fan of enabling bad tenant behavior and in life you get what you tolerate.

Personally, I'm a big fan of house hacking and usually recommend that as the way to get started if possible.

Outside of real estate, I’m a huge sports fan, so you can usually find me glued to almost every game on the weekends.My interest in real estate began as I explored different ways to generate passive income, which ultimately led me to the BiggerPockets community.