Needless to say, real estate investing is a long-term wealth vehicle.

An agent would need to review your policy, but in general,Tenants belongings and vehicle would need to be covered with Renters Insurance and Auto insurance.  

I apologize if I wasn't clear on my question, I didn't really go into my plans for how I would invest as I didn't think it really pertained to my question, yes I know I should not purchase a rental using a HELOC and certainly that wasn't the plan.Whether it be a flip or brrrr, I would use some investment vehicle that would allow me to pay back the money.Roll into as when I purchase my next primary home, use the equity towards the house.The premise of my question was just is owning a home expensive enough now to where it'd be worth putting more money towards it when purchasing to lower payment/pay off quicker, or would it still be worth it to use all of that money towards other real estate. 

Another thing to note is that the land bank has a ton of cheap property but they are not worth investing in even though it may look enticing because they can be much "Cheaper" but the ROI is not there unless your a heavy cash investor with a ton of experience basically building from almost nothing.

@Manuel Angeles  well thats one way to do it... although pretty heavy profit on your sidecharging points and interest PLUS 50% of profit.  

. - If you are investing passively in a syndication with bonus depreciation, make sure to vet the sponsor and understand the investment vehicle before you invest.

It’s a quirky story, but will open your eyes to a different perception of employment and how real estate can be a great vehicle to wealth.I wish you all the best!

My BEST advice is that unless someone is going to invest a lot of time in education and money to gain hands on experience, they’re better off investing in passive investments and leaving the “heavy lifting” to the people for whom investing is a full time occupation.   

Heavy on the design and how each place goes into great detail.Pretty cool stuff. 

The two main vehicles there are DSTs (mentioned above) or using a Tenant In Common deal that may have better returns and liquidity.