Yes that is a great strategy.As for the HELOC with the exception of huntington they really only do it on the primary so if you move that messes it up.However, Huntington will allow you to do a HELOC on one rental unit so I would go with them for that.

There are often issues on units that allow 3 singles but only two parking spaces.

A preliminary Team includes Attornies, real estate Agents, CPA's (or accountants), Inspectors, General Contractors, and Handymen.Always remember to do a math analysis and try to look at prospective properties before you make an offer or at least have a clause in the sales contract that allows you the time (about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you very much.  

The ROBS 401k will allow you to use all of your retirement funds to invest in your own real estate operating company and draw a fair salary.

@Irene Chen  Hi Irene, we do not allow smoking in the house and are fortunate enough that none of our tenants smoke.  

A portal will allow your tenants to pay rent, sign up for utilities, submit service requests, and engage with their community — all online.

You could have a certain amount " allowed" in their lease ( that you add to regular rent ) and if they use more than that, it will be an extra charge to them.

An entity will need to be done pretty soon if you have anything to lose.Always remember to do the math analysis and try to look at the prospective property or at least have a clause in the sales contract that allows you some time (usually about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.  

They are hands-off, institutional grade real estate investments, and they allow you the option to diversify. 

At the moment these are the only strategies I know of that  can potentially allow me to generate quick funds so that I can get into other kinds of deals.I'm hoping other experienced investors can share experiences and insights to these concepts and guide me in the right direction.