If I use my HELOC fund to buy a property, which of the following two options should I go with from tax or business accounting perspective?

If I use my HELOC fund to buy a property, which of the following two options should I go with from tax or business accounting perspective?

In comparing the two options, what are some opinions from the BP group?

I would do one at a time, if even that as hard money loans are very expensive and would be a last option for me.

There are slumlords that do the cheapest options, and I say--look for the ones that do bandaids vs. fixing a problem, and be willing to pay more for a well maintained one as that seller knows the value of a well maintained home will prevent a lot of the problems!

A live in flip if it was an option on the table is something I would definitely do.

Credit score is 775 and have had LLC for 5 years with multiple credit lines for the LLC  0 DTI as well can go with some DSCR options 

Request a little time to explore options that benefit everyone involved.

Yes - the Multifamily DSCR Loan option is a strong option here - not sure if you've seen this BiggerPockets article on Multifamily DSCR (versus traditional MF loans) but sharing here in case it helps - https://www.biggerpockets.com/blog/multifamily-dscr-loansIs the property now fully leased out?

I would prefer to keep the tenant than to find new tenants so weighing what is the better option and what others have experienced.Thank you in advance!