It may seem like I am going against my primary RE moto “goal is to make money, not own units” but on my recent offers I have a lot of confidence on growth.   

Just took a look at that website and it does seem a bit helpful.

Opting for a lower rental price would mean a yearly loss of about $6k-$8k, which oddly seems more appealing than continuing with Airbnb.I'm now listed the property.

We have about 100K in equity and have some cash on hand but not enough to cover a 20% down payment, loan costs, and rehab costs so the HELOC or second loan seems to be needed for our first deal.

I will have enough to cover the 20% down without using the 1031 x funds.Here is where I can't seem to get any direction on: PP for new residence is $655,000 and down payment is 20% ($130000).

I had checked with most of my local banks, big banks, and credit unions and they seem to all say that they only offer HELOC to primary residents.

That seems a bit harder to toss away for convenience.

Because they are living in the property, there is a larger margin for error and people seem more willing to take action instead of sitting on the sidelines, like so many wanna be investors do (this is the most important part!).

I am specifically, targeting possible investors to my fund.A few takeaways (I'm very new at this so they may seem basic):1.

Seems like a decent guy, I enjoyed visiting with him (full disclosure, haven't worked with him yet).http://live.ehlertlaw.com/about