For example, to pay medical bill or to retire on the profit of LLC? 

You just have to learn to train your tenants to pay on time whatever method you choose.

He might be using this repair as an excuse to not pay rent, or with intention to move out (which would be music to my ears at this point.) 

Pay them to leave and go find another place to live. 

@Ryan Daulton, you are not allowed to use personal funds to pay for the rehab of IRA-owned property.

I found value in it, so I have renewed my membership each year, but the students definitely got more aggressive in the underwriting the last few years and now those deals are paying the price.

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. 

Dalton, you may be a busy guy on this site with that offer.

Pay attention to DOM as well as ARV.

I am looking to pay off some of my other loans that are at higher interest rates so that way I can just have one payment instead of multiple.