My wife is a Top25 Realtor in Ft Wayne, I'm a licensed contractor and home inspector.

If you're wanting to wholesale, drop your license. 

If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC. 

Have the loan properly serviced by a licensed servicer.3.

They have solid lease agreements designed to protect you, your income, and your property.Property Maintenance & Repairs: They have a network of vetted, licensed, insured contractors that can respond quickly and do the job right the first time.Minimizing Vacancy & Maximizing Occupancy: Their marketing reduces vacancy time.

My neighbor did STR on 2 properties in Long Beach, but only allowed 30+ day rentals so that he did not have to register with the city.Don't know who your friend is but there is literally no wait for str license.

I got my real estate license in March of 2024 and already own 4 doors at this moment.

Their capital contribution should be pretty easy to establish as it would be the value of the land.Like I said, I'm not a lawyer and I would suggest you talk to one but this seems logical to me. 

They can also guide you in choosing properties that appeal to dependable tenant demographics.Access to Reliable VendorsProperty managers have established networks of cost-effective contractors for renovations and repairs.

My husband and I are licensed financial professionals and we love to educate on IULʻs or different types of policies that can assist in situations such as these!