Note these are only residential options. 

That said, if managing sounds overwhelming or you’re strapped for time, hiring a property manager from the start is a perfectly valid option.

If they Counter, you have the same 3 options to respond. 

I Hope with this new perspective perhaps some new options have opened up for you! 

As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.

When my loan was not going to close, it was one of the options that my broker and lender told me about and actually referred me to for a conversation.

Thank you,Jerry Jerry, I recommend getting in touch with an experienced broker who can educate you on all the possible options in the investment space for cash-out refinances.

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.

I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.

@P from prior topic, use this to understand the capacity in your market and your best options.