I know that disposal of that is on the high end, no matter if you or a developer does it.

Garbage disposal that's 4 more months of cap ex.

First, it does matter whether you are considered a real estate professional or not, but since this deal seemed to be qualified for a 1031 exchange, I will assume that it was considered a capital investment where you received or intended to receive passive rental income, generally speaking.So if you fully disposed of the property during the year, under IRC Sec 469(g), you should be able to deduct passive losses that you have carried forward against the capital gains on the sale of the property.

I have a HELOC at my disposal of 50k...Do I have a play here?

A you are an investor; fluid, you may need to dispose of a property now or borrow against it at the lowest rates, or pull money out or any other number of scenarios.There are honestly so many different ways go about protecting your assets and all have their upsides and down.

The more money at my disposal the easier it is to grow :)

I'd say the easiest process would be to:Clarify exactly what it is you want to accomplish through investing, and examine what resources you have currently at your disposal (capital, connections, etc.)Explore each strategy and start to identify which one(s) might be most closely related to your goals (for example, if you want passive income that you don't have to put any time or effort into, wholesaling won't do that for you)Then start to get into the logistics of how to make that strategy workThis is a really old article, but the ideas still apply-https://www.biggerpockets.com/renewsblog/2013/10/2...The more you understand about your options, the better of decisions you can make and make them in a way that is most suited to your lifestyle, your goals, your resources, and everything else.

Now you must work harder to show that you are worthy of the mentor's time, capability, and most importantly disposal of knowledge.

Whether you are a buy and hold investor, someone with a credit score over 620 that wants to earn a substantial side income, or someone with disposable income from an IRA, stock market, or other source...You should consider investing in Michigan!

i feel like if i can get a cheap monthly payment, i will be able to increase my disposable income that would allow me more options.