Hi.I am getting another multi family in forth worth And have no experience on the west side of that areaAll my rentals are in dallas Any idea how is the market in fw?

HI @Islah Barney,You're navigating a complex intersection of real estate, tax law, and Medi-Cal eligibility—and you're right to think through your options carefully.

HELOCs are definitely a good option for financing BRRRRs.

There are a few options.1.

Your options are limited. 1. 

You have to compare your expenses with each management style and find the option that works best for you.

He told me about LLPAs and presented me with a lot of option related to them.

Just make sure the town is ok with the land being zoned for multi-units, and look into construction costs, financing options, and permits ahead of time.

@Kuba Rogut options:1) In-house maintenance team2) Out-sourced local maintenance team3) Outsource to Latchel, Porch, etc., 3rd party companies4) Mix of the above

Deal with it.Correct me where I'm wrong but Novations can be executed by either a Power of Attorney being given to the investor or by an investor just doing the paperwork, both being done after they secure their interest with an option contract (unless there's some other creative thing I haven't heard about yet).