Would that be a good idea or not?

Hi guysThx very much for those ideas / comments.

He liked the idea so we created an LLC and a partnership agreement and he deposited 100k into the business account.

Would a HELOC or home equity loan on my personal home be a good idea to fund this?  

Ryan, renting a place in PR to learn the market better sounds like a good idea.   

Thanks Ty - that's a great idea and exactly what I need!

I'minspired and always on the lookout for new ideas, trends, and success stories.

Look at buying my first investment property (probably a house in the 100-150k range) and begin looking for a tennant.I can imagine there a lot of different theories/ideas with what one could do here--I am just curious to see what other people think.

I wouldn't let the idea of purchasing a home that has oil heat deter you. 

Quote from @Andrew Steffens: I have no idea who that is hahaI have seen an increase in this (like everyone else) because Airbnb spoils guests.