One of the most important things for you to know is that REI is very capital intensive.

Less capital intensive and you can get your feet wet.

LTC/LTV also lower which combined with depository relationship makes borrowing even more capital intensive.

Level it as is or just wholesale it to a developer for them to work out all that?

I’m not looking to make real estate my full time job or anything that intense, but more tools to get me to financial independence sooner are always welcome, and this is something I think I could be good at. 

Real estate is capital intensive. 

However when I would do work outs it could be a challenge for private second holders to understand the pickle they were in.All the more reason every investor should obtain qualified legal consultation before investing directly into notes 

Over the last 4 years they have been giving out these claims like candy to make their Covid workouts possible, and sellers are always surprised at the amounts owed.

So I'm not subbing all the work out if that is your previous experience. 

Some deals just "work" from day 1 and everything falls into place.Others don't work out no matter what you do.I've done hundreds of them in my local market and would only sell if it was one of those doozy type deals.Funny thing is, a property I own next door might be fine.But for whatever reason the cursed property just isn't lol.If you are wanting to use the equity, then use it to "Gung Ho" and full time.Meaning, don't buy turnkey and use the capital to buy, fix and flip instead.Money makes money and being very hands on and active, you can get to where you want to be quicker.Just my opinion.Thanks