what kind of investment was/is this  a little more detail may protect others if you think this person is a financial predator.  

Personally, I think I would stack some cash for a year or so while I did this. 

I have other HELOCs that were much easier to get both personally and professionally.

As long as no “healthcare” services are provided (like medication or personal care), it’s not regulated by the Department of Health.

Personally, I'd start looking in markets you're familiar with, similar to what you said in your post.

Dumb question - but are these auctions online only, or in-person? 

This is the fork where I'm not sure if I'd be good to get some CRE exp and invest in learning about how to review deals for the next 2-3 years, or focus on generating revenue for investment purposes and watch how things are done as a LP.My personality more aligns with networking, reaching out to people, connecting, navigating difficult situations and finding solutions that work.

In theory, you could QT the property to an LLC in your name and enter into a lease with you personally.

Nice to connect 😎Its in Joliet - Cathedral area I hope to meet you in person as well?

That they wanted "Cheap" buys, not intelligent buy's, not data driven buys, not future casting buys, just "cheap".