That will allow you to keep your low rate on $170k if you have a low rate, then have a line of credit that is only the size you need and easy to pay down.This approach keeps your $170k liquid, sets up a $0 balance HELOC for the additional principal you can get and you don't pay for the additional principal loan in the HELOC until you use it, and only for what you use.

If I have around 70k liquid cash now and I put in the 47-48k to close, I will be around 22-23k which I would need to do some repairs and maintenance around the home.

That now leaves 117k liquid. 

So stocks are good but the issue is as you liquidate the asset depletes and till its eventually gone.

I want to know the comps, the liquidity checks out, the experience is there, there aren't any lates on mortgages as of recently and the project makes sense. 

The main concern here would be the liquidity that you have for this scenario.

Miciah,Phoenix market has changed drastically since 2020 and has made the cash flow market very tight if you're not walking around heavy in liquid.

We have approximately $150k liquid cash ready to go and can likely gain more capital in a fairly quick manner. 

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

You've been able to save up and have $50K in liquid cash.