This would also prevent me from using the HELOC for a different type of investment like BRRRR or fix and flip.

I'm aware of this model just as Jason is BUT it isn't the model that we follow.

The best defense against rats entering your property is to seal off all entry points (holes, cracks in walls), remove food sources (dirty dishes, food left in trash cans), and water sources (like leaks). 

If there is equity can you use that to reinvest and come out better ahead doing something else?

This means turnover, which happens in any business.  

Try this link: Publication 5653 (6-2022)

In doing this, I've signed up for some free conference calls and webinars.

I have seen a lot of fake lenders use NV LLC or have a vegas Po box.. that i understand but is there more to this in your mind ??

Use this time to study at the university and continue to study real estate.

What is your plan to obtain this dream?