Challenges?

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

As time went on, prices came down because buyers saw the challenges with rebuilding--trade labor, insurability, not knowing what will be built on adjacent lots (like one lot where the owner built a house that looked like a concrete mushroom and that devalued the adjacent new construction homes built to more conforming architecture), and so on.The weakness with moratoriums such as these is that it is now illegal to offer less than FMV as of 1/6/25--but what was FMV on 1/6/25? 

I highly recommend them to handle all the business structuring. 

Even after moving 2.5 years ago, I continued to self-manage because I had a solid network of connections that made it pretty easy to handle remotely.That said, it eventually came down to wanting my time back.

However I did note that houses are mostly really old, e.g. 100 years or older... any idea if this poses challenges in things like lead paint presence, outdated wiring, rusty plumbing, etc., or have many of the homes already been updated?   

People are more willing to compromise when they see you’re being fair.Know When to Get Legal Help: If she pushes back, don’t try to handle it alone.

If they sell them on amazon, they likely don't require any special handling.

What are the challenges of passive investing as opposed to traditional real estate investing? 

@Holly Thorsen see above for potential challenges tapping your equity in the rental.You only need 5% down for a regular mortgage, 3% down for an FHA mortgage - so why don't you have the funds?