There's a lot of options available but not all of them fit with willingness to assume risk, spend time or money, or want and need.My wife and I are both AD and recently starting investing out of state with SFH rentals in cheaper markets than where we are currently stationed, it's been working so far but requires downpayment cash since they're not VA eligable purchases.  

It's typically a pretty predictable 30 day process, and with a hiccup you might push to 60 days, but it makes jumping into even high-risk areas a lot less daunting.

When pockets of generational poverty exist within certain areas, its really hard to have assurances that there's not lots of risk to equity over time. 

Get the dog under control by requiring a leash at all times when out doors,  get the dog off your property or take the risk on a lawsuit that you may not be covered for.Your choice.

With the larger buildings, the more leveraged you're likely to be, so it comes down to your risk tolerance.

Even ignoring the 'theft' risks, you have gift tax return exposure (and use of lifetime exemption), transfer taxes, no basis step up involved with gifting the property back and forth, probate risks if the 'buddy' passes away and didn't update their will for the property. 

I will also use the BRRRR process on this one after 6 months of seasoning.I am looking for some advice or suggestions on how to calm my nerves considering that I will have to carry the HELOC and personal loan 6 months while waiting on seasoning.

Definitely made me re-evaluate my attitude towards risk that's been holding me back recently. 

I was wondering if I sell my homestead house ( living 7 years in it) and sell it with a owner financing and I carry the note for 30 years.

The impact to both of their economies, and the global market overall is too high and the risks, both financial and political, are very high too.