Obviously I don't want to cash out refi and start paying a loan and then wait for an opportunity.

There’s so much hype about Micron that folks are willing to pay for potential- don’t do that!!

Also in my market owners pay the water bill. 

@Scott Eadieunderstood - that's way above my pay grade since I don't know you or anything about your background or financial situation.i still recommend a house hack whether you have $10 or $10M.

Now, please pay close attention.I quote:I’ve done thousands of deals and built a great life.

When the owner sells, you pay Blanket a referral fee.

I did a few and someone turned me in :) and sure enough I got a cease and desist and had to pay a fine and spend 20k creating what State of Oregon  calls a Real Estate paper offering !!.  

I would have to pay that off as my brother manages and makes the payments for the property.

A home equity loan is a fixed interest rate version of the same, whereas I can draw and pay back the line of credit over a period of time, the second mortgage version results in a lump sum with fixed interest rates and fixed payments. 

So just had to fullfil my flying desires personally and pay to fly instead of getting paid to fly.