Not sure if that strategy will avoid that issue but that was my logic.

Logically I am creating an asset with a value so I should be able to trade on that value.

What a great example, great logic backed by the math and point proven by tremendous experience.

It makes logical sense.

This is not to say they are the only considerations and I won't rehash what others have said about passion and what it is you actually want to do as it was said already but obviously if you are unhappy doing one or the other pure logic is not going to help.  1) real estate is cyclical even more so when you use leverage which unless you have a boatload of cash you will be doing.  

Summary-Purchase price: $320,000Rehab: $5,000Commissions: $20,000Closing Cost: $18,500Sale price: $400,000Profit: $36,500Cash on Cash: 11%If you see any skews in my logic please let me know as this is my first deal so I am learning as I go.Most important question, what is the process?

I can crunch numbers, run comparables and evaluate deals like a pro using the MLS and Core Logic.  

(I’m a contractor) My plan is to get a HELOC using the house I just bought ( it’s paid off) put it under an LLC after, rent it and use the HELOC money to purchase the next one.Does it sound logical ?

It is only logical with all these events cancelled that there are STR or hotel vacancies running wild in some markets.

If so logically it makes sense to clear up car payment first.