Given the conservative nature of your position, why not make cash offers on the houses you want, using the HELOC, moving tenants into the home, attacking the HELOC with the exceptional cashflow of a paid-off property and refinancing in 6 months to a traditional note?

That this guy isn't getting paid for his work is not the natural order of things.

Designed by Isaac Levy, Yvel’s founder, and touted as the most expensive face mask in existence, the over-the-top, one-of-a-kind creation features 250 grams of pure 18k gold, and features 3,608 natural black and white diamonds, with a total weight of 210 carats.

It's been 5 years of taking advantage of my parents - my parents being too passive as well.It is a very weird situation, and my attorney told me to appeal to their good nature and try to get rent out of them.

Over time the most natural fit will fill the park.

As far as insurance goes, get 2-3 quotes as most insurance in FL has doubled in the last year, with no natural disasters.

I'm in a similar situation where I've managed to grow a pretty good savings and have good credit, but due to my carefree nature, employment history has been "unstable."

One last thing....without knowing the "nature" of the tenant or reason for nonpay, a total rehab of at least that unit as a worst case also should be considered when/if an eviction happens.

Inheriting horrible tenants is often THE reason the current LL is selling to begin with.... they are done with dealing with them and have likely not run their business vey well and just want out..... if everything was smooth sailing and being run properly, then the current LL likely would not be selling....at least not at an attractive price.People's natural response is to fear change.... having a new LL is scary, so you have to realize you are dealing with someone that is on the defensive day 1 and not overwhelm them by coming in with a heavy hand..... small changes at first and much bigger changes as lease come due or you have turnover.....

As you mentioned, I would focus on one method as a new investor and focus only on that method until it becomes second nature.