We include the cost of all the smart tech we want installed that the homeowner keeps, safety items we require in each property, and the items/signs we use to "brand" the home to our company, as well as our time setting up the listings, pricing, guidebooks, auto messaging, cleaning up the supply closets, kitchens, etc.

Not that its impossible to get creative financing or that its bad to start investing I'm not saying that by any means at all the earlier the better but the safety blanket is small with no reserves for an expensive learning experience which in this industry is likely. 

The events are being sponsored by Hospitable.com and a couple of their integration partners.Come along if you're in Orlando, Atlanta, Austin, or LA in October (shortly after BPCON).There'll be beer and food paid for by Hospitable and each event will be hosted at a local brewery.

If it was built before, say, 1960 there may be a slew of electrical work you'll need to do to stay in regulations with current times and, of course, for the safety of a future buyer.

Liquidating these to focus heavily on real estate removes this safety net and exposes you to sector-specific risks.

Sometimes I fear for their safety =DIt turns out that what I really wanted wasn't to be a land developer... at least not yet.

They are never the cheapest, but if you hire the cheapest you get to follow them around and add a job of micromanaging to your list of daily activities.CEO's of multi million dollar companies golf 3 times a week, shop for cars mid day, get suits tailored, hop a jet to fly fish, have perfect haircuts every week, volunteer at a shelter passing out food, get photo ops and make company motivational videos.

My thoughts on the HELOC are that we could use it to renovate our current properties and use the funds to fix up distressed properties in the future(doing BRRR-like activities) and thinking it could be used as a safety net if needed. 

I dont think you can call it totally passive if someone does that they are probably going to make a mistake you need to work the loans and put time into them to ensure all the safety items you mentioned.2.

The tenants love her, she stays on top of maintenance, has implemented upgrades to improve the property and drive rent increases (much to my dismay, LOL), organizes fun themed events with catered food for tenants, manages evictions and oversees the building's Section 8 program.