Bad leverage is using existing equity to buy toys like cars and boats or continuing to buy investments that negative cash flow. 

My passion/hobbies in life are spending time with my friends and family, Racing and riding motorcycles, and continuous learning and self improvement.

What can I do in the meantime to feel like I'm continuing to progress?

Will you continue to use the S Corp after moving the property?   

Find a property I can afford that I feel will appreciate in value in the coming years but will make a long time to cash flow (mostly buying in hopes of higher property value in the future), continue to rent until I can afford a down payment for a conventional loan to allow me for more options on cash flow, or continue to rent and invest in a more affordable cash flowing market?

And if I continue to rent, rent will increase at least 100/mo each year.

And if I continue to rent, rent will increase at least 100/mo each year.

I'm wholesaling a property on Pleasant St next week and will be continuing to source properties in the area.

Thank you all for your responsesSo just so I got it:it probably wouldn't benefit me to use a HELOC for a rental property as the cash flow wouldn't be substantial enough and I'd have to continually pull from the HELOCEven if I do receive a HELOC for 80k, if I pulled 50k from it, I'd only be responsible for INTEREST ONLY of the 50k I pulledtheir will be closing costsDoes that about sum it up?

Some highlights:The Pinellas County real estate market is continuing to see higher sale prices and units moving at a faster rate...compared to February 2017.The Median Sale Price for Single FamilyHomes was up by an impressive 10.0% from last year, at $244,250 for February 2018 versus $222,000 for February 2017.