And worst case scenario, if that's wrong and the financial situation is great then, there's nothing that stops you from investing the $700K in a second property.  

If I pay cash I won't have access to the downpayment $$$ for the next property that I want to purchase, so I would NEED the HELOC.

They built it without a permit and enforcement compliance stopped operating the entire development. 

This is what bigger Pockets is for!!!!
I started building my own absentee list method about three years ago.. I started using local tax assessors in NC. I have had a contact rate of 16%. For example out of 1,000 dire...

There are regularly proposals almost non-stop to impose new STR rules. 

If that is the case a home equity line of credit may be a easier and cheaper option that will allow you access to those funds and greater flexibility.

HD has similar prices, but I’ve run into some delivery issues and have stopped buying appliances from them.

Stop playing 🤣😂🤣😂🤣😂

@Tom HermanUsually not a good idea.You'll lose the capital gains exemption.You'll only have access to hard money or commercial lenders.You would need to speak with an accountant and get a serious opinion on it to see if it makes sense...

@Eric James, as for the tenant only giving 30 days to move, a piece of paper isn't going to stop them from leaving if they find they must move.