Assume you will be making payments in it.  

Its percent of home payment to median income which has been skyrocketing over the past few years.

Like Devin said, double digit rates and you could still have fees similar to a first position mortgage.

I know out here on the West coast with our digitalized title plants that each title company has it would be a matter of a few clicks for customer service department to transmit a copy of the mortgage to me..

The workshop shows how SDIRA owners can earn double-digit returns by owning real estate as a bank. 

For appreciating CA properties this could easily be a 7 digit step up in value but i would think in all CA markets would be significant.  

We have a VA so she does all the tagging and I ask her to export it from Baselane, into excel, then I review it and give comments.Going Digital: Scanning and storing my receipts in real time saves me from searching for that one $17 plumbing supply receipt.

My professional background is data science / analytics, which means analyzing cash flows will probably come more naturally than building relationships, which apparently, is how one finds deals worth making.Are there meetups in these areas I should attend (digitally at first, presumably)? 

Is it foolish to consider using the HELOC for the down payment?

The rental market is strong due to students and digital nomads.Managing a couple of tenants would not be too hard but managing a dozen, on the other hand, would be a nightmare.I am a bit torn.