If it's your own personal equity it should be the theoretical rate of return you would like but obviously that is less risky.So my challenge to the BP community is, tell me what these numbers are in your latest deal, be it syndication, partnership or something you just bought.

., build passive income and equity to teach my kids the value of.

I currently have some equity in my house and would consider a heloc along with my cash to start off with some brrrr which sounds perfect for MN ;) Has anyone had success with the heloc strategy?

High taxes owed, vacant/blighted, pre-foreclosure, high equity/absentee, TOPA.

When I bought this property , I knew this will go up and I would be able to get rid of my PMI.If I get rid of PMI, I can still get a Home Line of equity on my house right?

Using this strategy I have built my holdings to over 200 k in equity.   

That can work in your favor and work against you.

That is one of the main reasons to take that path so that you can vastly increase your equity immediately.Your "cons" of 1 BRRR is throwing me off. 

Using this strategy I have built my holdings to over 200 k in equity.

I think your application would not look favorable to most landlords that have decent places - ideally, we want tenants to stay a decent length of time.