That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

I really appreciate it--my rationale for posting was to hear different insights that I might be missing, so I am very open to this advice.

What is often missing is the caveat that each deal is different.

Sorry if I am missing it somewhere!

I miss read one of the messages

I completely understand not wanting to "miss the boat" but if you know you're going to have negative cash flow you HAVE to know you can afford it. 

last but most importantly, who is the missing professional in your team? 

There is a variable missing in your post that is the key to answering the question of which asset to leverage to purchase the asset you have in mind.

A Heloc can never be used as a PITI reserve, or an asset instead its a debt burden and an additional trade line on credit.A Heloc carries a higher risk when it comes to security meaning if you miss a payment even by mistake or for any reason, your scores drop, or your balances start to change your DTI or usage percentage.

However, that deal fell apart and Waco missed a big opportunity.