That's a play there, but land is so expensive now that unless you buy it years in advance, your upside potential is going to be limited.You might have some luck with manufactured park development as there's a growing need for that product, yet it's not sexy and so no one focuses on it.

Numbers are rounded for simplicityScenario A neighborhood:  Purchase price, 200k, downpayment 40k, monthy cash flow after ALL expenses $200, annual average appreciation 3%.Scenario C neighborhood: Purchase price, 200k downpayment 40k, monthy cash flow after ALL expenses $400, annual average appreciation 1%After 30 years, assuming NO rent increases,  on Scenario A you would have profited 72k in rent, PLUS own a property free and clear worth 485k. 

The 10 year maturity date is where the HELOC will modify into a different product all together. 

I also will help my friends and family by re-embursing them with the mandatory 6% realtor fee's, which brings me to my next question; could I advertise myself as an agent with my slogan being " I will give you $500 cash if you let me help you" I don't see any agents that do that, and I wouldn't care giving others part of my commission, so they could get money and I could also get money but most importantly the experience.although sheet metal workers in my area make an average of $90k a year, it is just hard on the body/lots of hours and would love to try perusing real estate.

These could be specific products with national credit tenants that are crafted with the safe harbor of rev proc 2002-22 in mind. 

Multiunit places are usually a better than an average way to go. 

I'm not entirely sure the product continues to be developed given their asset tracking still says "coming in 2017" but the site continues to operate so I'm going to reach out to the company to see where things are at and whether there's legitimate concern over the product shutting down. 

Is the SBA 504 the right product for what I’m describing?

Lot: 15000 sq ft  2 unit building , 2 story , total 1500 sq ft , Just one room on second story , Detached heated garage 1100 sq ft with an office Numbers: assessed value: 285 kUnder contract : 180KExterior: Average plusInterior : leave the walls , but change everythingSome basic Ideas I had :1.

On average the S&P 500 / stock market grows at a multiple of real estate (as much as folks on these forums think otherwise).