It's a very nice area as I live nearby and within a reasonably short distance, there are expensive homes that are very nice, , but also some that are small. 

We purchased the home on 02/11/2022 for $196,000, invested $42,000 in renovations, and sold it for $369,000 on 05/05/2022.

I am always looking to improve my tenants' stays, as I have a high return guest ratio with quality tenants, including professional athletes, executives, and more.

I have 6 rental properties, all Single Family Homes.

Most older homes in SC are ventilated and breathe fairly well, so mold in the living space/attic typically isnt an issue unless there is a water leak where there is constant, excessive moisture.

We purchased the home on 04/08/2022 for $162,000, invested $1,460 in renovations, and sold it for $272,000 on the same day.

Even if you purchase with a single family home, it’s a start.I’m active duty Air Force with four properties.

Home Equity Line of Credit (HELOC): If you have significant equity in your existing duplex, a HELOC could provide funds for further real estate investment without touching your retirement accounts.3. 1031 Exchange: If you decide to sell your current duplex, a 1031 exchange could allow you to defer capital gains taxes and reinvest in larger properties.4.

Hi BP,Im trying to figure out if I should look into using a HELOC on my parents home to buy a rental property in cash.

Quote from @Kendall Jackson: I’m trying to get started in real estate to provide additional income for flight school and eventually buy a home in San Diego.