I think you have a great strategy in mind and one that could definitely kick start your investment goals! 

I want to access the equity in my home for other cash flowing assets w/goals of maximizing the spread btwn the interest I'm paying on the HELOC and the interest I'm earning on the asset.One major downside is most HELOCs are adjustable rate, and I'm certain rates will be increasing even more in the near future, so finding a bank that has a rate-lock option is my hedge.I've looked into this strategy a lot, seen the comparison numbers, and am still looking into different utilization strategies. 

Here's how to overcome common excuses:1.

So, before I close on this house, I would like to hear all ideas on the best use of this money taking my goals to account. 

Goal- buy multifam, house hack and refinance out

Hey everyone,I've decided to start investing in real estate to diversify my investments, with a long-term goal of creating generational wealth for my family.  

This RV area is located on one end of the property where a mobile home used to be and is right off of the private road, but that area is very narrow and awkward so building there wasn't the goal. 

It’s commonly said that with a JADU you would have to evict the renter before you could move.

Although my long term goal is appreciation in the value of the property, I am looking for an investment that either breaks even or has a positive cash flow in the short term.

My goal is to find and fix everything that needs to be fixed before I have a tenant move in.