@Ashish AcharyaThe Line of credit is for my primary home, hence HELOC.Plan on drawing down 50% of ths HELOC, move the money to my Rental LLC for investment.Can I deduct the interest on HELOC in this case?

I know how buying a house for a primary residence can become an emotional decision which increases the amount a person is willing to pay... but with attempting to pick up a long-term buy and hold, at least in my experience, the profitably is largely determined at purchase (and of course subsequent to this, proper tenant screening and management of the property).

Our primary goal here for our first purchase was to house hack and eliminate our rent and some utility expenses and we feel like we've got that with this property.

This is one of the primary reasons that I am still self managing my 32 doors locally in the Berwyn and Lyons area here in Illinois.

Get a Heloc loan on my primary home that I just finished paying on Zillow its showing for 160,0002. 

I've heard that you can have primary and secondary reserves.Primary being cash produced by the asset.

GOALS:   I will be retiring from the fire department in about 10 years, and my primary goal in REI is to do live-in flips during that time so I can buy my retirement home with cash, or very little mortgage, and be able to live on my pension and other retirement investments. 

You can create a rental listing that is posted on all of the popular online "for rent" platforms.

There are some platforms that are really good for equity such as CrowdStreet and Realcrowd, and then there are others that are really good for debt, such as PeerStreet., Fund that Flip, etc. 

This guy has used notarizing as his primary income for the past 20 years and was incredibly happy with his lifestyle.