Now is the time to be cautious and even more thoughtful in your investment choices, but there are still plenty of compelling reasons to stay the course as a passive investor! 

I would say if you're that cautious of how much a pet will damage your property, I would just say no pets in this case.

I would be cautious with Lorain, I don't know that area as well, but there is a high rate of crime in that area. 

I can definitely see why you're cautious, especially with the real estate landscape in California and concerns about the economy.When it comes to Memphis, I think it’s a great option for your out-of-state investment.

That’s another reason to hold off on an offer, since there's no proof of cash to close yet.As for the HELOC funds, I'd proceed cautiously with borrowing from other sources if you’re not yet certain the loan will close, and I’d double-check if your application has been officially approved. 

He was eyeing a property with a HELOC attached, and we found out.. from what I've herd, banks can be a bit cautious when there's a second lien.

This can limit your financing options and potentially lead to higher interest rates.Be cautious about prohibited transactions and disqualified persons, as outlined by IRS rules.

As for using your HELOC, it is a good way to get started, just be cautious about over-leveraging if market conditions change. 

I expect to see it rebranded as something else and I would still be cautious about using them, when they tell you they need to clear your funds overseas before ordering.

Reading previous threads has made me more cautious.