Given that I have no debt and own a house worth 1.3 million, what are some approaches to leveraging my house with a HELOC to obtain cash flow to avoid employment?

.- Holding generates ongoing cash flow, equity growth, and tax advantages from depreciation.No right or wrong, each approach aligns with different goals, budgets, and risk tolerances.

Here's one way to approach tenant about increasing the rent:We’ve found a great way to raise rent is:Determine market rentShare the proof with the tenant (they can see it on Zillow anyways)Tell the tenant, given your rent is $x and market rent is $y, what do you think if a fair increase?

For those who have flipped or renovated tenant-occupied multi-family properties, what’s the best approach to getting tenants to vacate?

I'll connect via dm, so I can share a comprehensive guide with you. 

Could you share some avenues I can explore that align with this approach?

Now I’m looking to apply that same problem-solving approach to real estate and start building something for the future.Right now, I’m in learning mode and open to any advice, especially on getting started the right way.

Proper has the most comprehensive coverage, but it is usually the most expensive. 

Would love to hear about pitfalls, lender restrictions, and any alternative approaches you’d recommend.Thanks in advance for sharing your experiences! 

Ideally, you'd want to have signed leases from each tenant, but the strategy part of it is that you also wanna make sure that you don't run people away while you are either increasing rent or preparing any units that are currently vacant.I would probably take a step-by-step approach.