Back then I used a lot of land trusts so could shift ownership without anyone knowing, though.  

There are scenarios where pulling HELOC is appropriate in RE investment, but I'd really recommend against it for your first buy and hold.I think a lot of investors often get caught up in the hype and excitement of this industry and lose focus of the fact that this is a highly speculative industry, and nothing is a guaranteedI would consider what would happen in the event you have an issue with you tenant, or the market shifts.

Feel free to PM me, the market has shifted and prices are coming down.

I see a shift in more lenders doing something in the area of a 9 or 10 month loan as opposed to the more standard 12 months pre covid.

Quote from @Russell Brazil: The world's population is no where near declining  An aging population presents a lot of problems for a society/the world."

If they sell to owner-occupants, which is likely, that removes those rentals from the market entirely and, again, reduces available housing for the renters who desperately need it.We are on the Cusp of Massive Rent ControlIf this ballot measure wins voter approval, investors with property in California are on the cusp of what could be a massive shift toward rent control.

The market is shifting as demand is starting to catching up with supply.

So that Chrysler play...those new hires with be $17ish/hr.So lets call it $42K with shift differential, OT, incentive pay, and profit sharing.IDK if there is a play IN Detroit for these people, for more than 1-2 units.There are plenty of living options at that wage in Metro Detroit, particular if you pair it with another earner within the household.Historically, people in these types of jobs/wages are not going to care about being in a "hip-neighborhood".

I am shifting my focus to providing turnkey investment properties and management to investors.

The market has certainly shifted into a sellers market since then and our spreads were tightened up too much by all of the completion that came into our market in the last 48 months.