Use the HELOC on cash-generating opportunities like flips, then use the cash generated to buy long-term buy and hold investments. 

I'm sure the property was built before 1978, meaning in must have lead testing done before any tenant moves in and at every turnover.

In that case, using about two-thirds of the HELOC to acquire a multifamily property—perhaps around 10 units max—while ensuring a solid team of contractors and a strong market would be key.I feel that buying just a couple of single-family homes would generate minimal cash flow, making scalability painfully slow.

., you can tell it to write a JavaScript program that estimates what a cost segregation study would save, whether an S corporation makes sense, what return on investment a home generates and so on.

Any leads, potential investors, or anyone looking to talk shop, please reach out!

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

We also lead a Joplin Area REIA on the First Tuesday of each month at Old Chicago/La Quinta and a Springfield Mo REIA on the first Thursday of each month at the Relics event center.

This does not lead to tenants staying 5 years.  

In my home market, there is a real shortage of houses, and I'm buying at 50-60% of the price to build new--which means there will be little additional supply--which leads to above average rent and appreciation.

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