Been able to leave a W-2 job of 8+ years (1 yr ago), traveled to over 9 countries with the wife & kids since then, while generating EXCEPTIONAL returns on my investments with MINIMAL effort!

The closing costs of the HELOC will be very minimal.

From what I have seen the state and federal govt is doing everything in their power to minimize this number.

@Timothy VigneaultTypically with house hacking the goal is to secure residential FHA financing on the property so that you are "in" the property for a minimal down payment.

I have no idea about operating a NNN property besides the fact that I would like enter the real estate field while minimizing the potential for issues since I will be quite far away for the foreseeable future. 

I could've gone into this conversation with minimal prep.

My maintenance is minimal, but I do a bang out job of renovation on the front end so that i don't have ongoing issues, capex expenses are kicked way down the road and the home looks great to minimize vacancy.

I hold rental properties within LLCs and also within my personal name, and am able to minimize income tax equally through depreciation shielding.

@Anthony Dadlani With having done minimal investing years back I am always driving County to county meeting Seniors.

Most HML and PML (hard money and private money lenders) are all about minimizing the risk of losing their money, so it's up to you to show them how you plan to a) protect their investment, b) responsibly out their money to good use, and c) provide an agreeable rate of return.