Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

It also has enough sq. ft. to accommodate the additional unit without having to consider it an efficiency unit.But also agree, we'll just start simple with adding more living space / the duplex down, and keep things flexible for the future.  

Yes, I'll certainly keep my hand in the real estate arena owning and renting property until the day I croak, but perhaps not so aggressively that it's a burden.

Build - Rent - Refinance - Repeat the new BRRR with also hotel development and growing our land entitlement side. hotel development is simple, easy, and has institutional level backing. we really like extended stay development and just came from a hotel conference in Los Angeles. hope to close a few deals this year over 10 million 

I've got stories that would be hard to believe on some of my seller financing deals, contract on a napkin, personal check for a notarized deed, hand shake deals, etc., etc. and a LOT of fun.

I have come across a few investing academies that help you set up an LLC and pretty much hold your hand in setting up your first arbitrage or Airbnb property.

Certainly nothing ground-breaking in terms of ideas here, however I'll be very hands on (and on site) during the process to make sure that every step of the way is executed to a high standard and very carefully.Once I've hopefully developed a successful track record and gained experience, my next goal would be to move on to commercial assets (think multi-family, industrial etc) so that I can leverage my existing investor network and real estate knowledge to raise 3rd party equity and take on bigger projects.

Hi Michael, Using a HELOC to fund your first rental can be a smart move, especially if you want to keep your cash on hand for other expenses or future deals.

That's honestly an extremely simple process.

You're in charge of this hands-on approach.