So, the higher rates and added monthly expense of a HELOC is not as attractive as getting that equity out at a lower and long term fixed rate.

It’s an extremely attractive market to someone raised in a market where a cheap home is 250k.

If you're trying to build cashflow, then this is a great way to shift capital made from appreciation to buy more income producing assets.

There's a few old condos in miramar that always attract young couples and some tourist.

Not my cup of tea, but she has been producing fairly stable income from this strategy.

I found a great deal recently which attracted the attention of a private money lender whom I know and trust.

@T LeeThe Solo 401(k) will not be taxed on the income produced by the investment. 

It's a big portion of your owners' manual.https://housing.az.gov/sites/default/files/documents/files/Landlord-Tenant-Act-ADOH-Publication-July-2018_0.pdf33-1375(B) The landlord or the tenant may terminate a month-to-month tenancy by a written notice givento the other at least thirty days prior to the periodic rental date specified in the noticeIf they cannot produce valid leases, then they are month-to-month tenants. 

The plan I'm pondering would work like this:  Pay of home, do a HELOC and only use what I need to BRRRR Properties, Keep recycleing the same funds to build a respectable portfoilo, then pay back the HELOC with Cash-Out Refi from the properties I'm BRRRRing and my home will be paid in full no debt and my cash producing properties are cash flowing and life is gd! 

Great rental property that produces steady cashflow.