Most taxing jurisdictions will reassess periodically (every year or two or three) and recent sales will come up and be used to raise (rarely lower) the assessment.Assume taxes will be based on the higher of (1) your purchase price or (2) the existing taxes when creating an investment pro-forma. 

(periods) What do I get at end?

You’ll make your housekeeper and maintenance crew more efficient and happy.

I have a child on the way in a mortgage to pay, so this is what pulled me in period what does everyone think?

My goal is to have efficient, teachable methods, rent collection, listings, etc, so that when I am ready to hire an employee/employees, they can be trained to run necessary aspects of my business without skipping a beat.Any and all advice is welcome, and I thank you in advance!

Purchase a lakefront SFH outside the city as a new primary residence, rent out the home as a vacation rental during periods when I am working (while still maintaining it as my sole residence).

Taking either one out to put towards a rental property that cost $200k and having to pay off the loan within the period of 10 years doesn’t seem something that would make sense for me to do.

Most HELOCs have an interest only period, and a repayment period.I'm not sure I understand what you're asking in the second part of the question. 

I’m with you on the HELOC, especially since I don’t plan to carry a balance for long periods of time. 

If the responsibility is not meet within the minimum 2 day period, the other party then reserves the right to cancel.The California Association of Realtors’ Residential Purchase Agreement states the following:“NOTICE TO BUYER OR SELLER TO PERFORM: The NBP or NSP shall: (i) be in writing; (ii) be signed by the applicable Buyer or Seller; and (iii) give the other Party at least 2 Days After Delivery (or until the time specified in the applicable paragraph, whichever occurs last) to take the applicable action.