Quote from @Vinny Incognoli: Your equity is not a savings account from which you can withdraw for free.

@Bradley GasparovichI would also add your stance on an applicant with a criminal record and previous evictions. 

Feel free to reach out with any questions in regards to flipping and wholesaling. 

Save a few properties and watch them on the rental market if you are looking to do LTRs.or If you are looking to do STR find local listings and watch those listings and check the booking availability week to see how they perform and how far out they get booked and the nightly cost.

It is a job and not an investment and the upfront cost and risk is huge to make a few hundred a month.  

I’ve worked with a lot of first-time buyers, and common concerns like HOA restrictions or property management costs often come up.

Makes your property more accessible (at least on the surface).Bad: Has a cost which is not used most of the time.

For now, the HELOC lets you continue building rental income while keeping costs manageable.

I just did a podcast where we discussed this and how people are in for rude awakenings when its takes 3x as long and costs 2x as much to renovate from afar if you are not there on an almost daily basis.

Do the work to list in as many free places as you can.