No one buys $100 fruit drinks because the drink is really worth it.

I've read and listened to some podcasts about the idea of paycheck parking via taking out a HELOC in order to save on lifetime interest payments and own a home outright 4-5x faster.I love the idea of financial freedom and not having a mortgage payment sooner rather than later, but at the same time wonder if the additional $ paid down via paycheck parking could be utilized in a more fruitful way. 

If you are comfortable writing the next Ozark series in and orange suit ...

Whether you in San Diego, Orange County or Alameda County @Shannon Wright can assist in all 58 counties of CA...

Lukas Zupan Brave man stepping into the Cali market lolTo just answer your question, I work with a few SFR flippers who is happy to find a 8% ROI on his flips, most properties are Southern California specifically Orange County but to find some better deals they move into riverside and San Bernardino counties.

I live in Orange County, California and am looking to begin investing out of state.

Look at Newark, East Orange, Jersey City, Bloomfield, Montclair, Verona & Glenridge for Multi's if priced right you'll be able to sell these properties quickly

I also am trying to break into one of the toughest markets....Orange County.

Some ppl will take the 'low hanging fruit' bc its an instant tenant thats paying vs having to fill the unit.personally I'd take the unoccupied and fill it to market rent. plus it cost less to get rent ready. 

So your comparison is a bit apples to oranges, almost all of the reduction in points is b/c you're evaluating a FRM at 20% down v ARM at 25% down.