(Current plan $2K to savings and 500 to E*TRADE, until I get enough for a down payment.)Note: I am already maxing out tax advantaged accounts. (401K and HSA; ~$2200K/mo)Option 2:Us the $65K to buy an investment property and continue to pay on the debt.

You might get a refer every month and tbat may be a $15,000 game e a ch year.

Get HELOC and continu..e the same. 3.

Can be taken on Sch E but if he is treating rental as not trade or business and such then ask him to pay yourself a management via sch C and take home office deduction against that income. 

Just ask for the schedule E or C.  

(My first BP post)Does anyone know if the conduit in the sidewalk between a transformer and the buiIding is Landlord's responsibility or PG&E?

Since it's a pass through entity the rent money will add to your taxable income on your sch E unless you operate at a loss. 

You would still report the property in your 1040 schedule E.

Hi BiggerPockets Family,After watching Paul Moore's live YouTube post yesterday he had mentioned to someone, thst they should wait to make their first move during this time of uncertainty, and learn during this time instead.Well I've been listening to many audbile bigger pockets books while at work and home, and the books are the ones that are the podcasts hosts favorites i.e The E-Myth, The Book On Flipping House's etc.

Think E*Trade or Fidelity with different paperwork.