Additionally, I'm on the lookout for resources and tools that can aid me in this journey.

Where I am going with all this is, have you looked into low down payment options that you all may be able to qualify for and afford without having to use an additional financial instrument on the rental property?

How about this, LOW income in ALL.

I have the capacity to take on an additional $200K in debt on top of utilizing my HELOC, so long as when I am paying it down the monthly charges also go down.

I do like the beaches on weekdays around noon. lol actual problem is for locals and kamaina that lived there  over generation, the problem is not the expensive milk but more like Midwest income with California spending 

Hey Becca,Have you looked into Additional Dwelling Units out there? 

If for example each lot is $50k and the cost to build the road is $5k and selling costs is $3k and $1k cost to hold the additional lot then you get $1k for the effort and risk of the purchase.  

However, if the lease terminates on its own, without need for notice, no additional notice would be required.

Get one years worth of income in the bank as fast as possible so you can quit your job.3.

Brand new homes typically don't produce enough income to justify the purchase price, particularly in today's market.