But with a HELOC, we can use the home as a tool for building our RE portfolio.

Only being able to get sub-optimal financing will generally harm values more than what you "get" in value from the 5th unit.This is why you don't see a lot of 5-10ish unit properties.

I will move on with a little more in my tool kit thanks to the BP community.

I’m really glad that we have this tool to be able to learn from everyone else’s experience, so thank you to everyone who’s able to help!

@Jacob Sampson it's 180 days for the entire exchange period.If you want to continue investing the tax deferral of a 1031 is a powerful tool.

Thanks to everyone who contributes to this post with their invaluable guidance and looking forward to collaborating!

Other than resourcefulness and experience, cash on hand is the most powerful investing tool you could ever have.Don't use it all, instead learn how to use leverage to finance properties slowly and intelligently.

Perhaps as discussed air bnb but watch your condo bylaws probably prohibit short term rentals and you might get busted.Househack an option, rent out one room.i believe unless you bought your condo on a distressed sale it might have just held its value or slightly decreased in value due to market conditions.

Here's the rub, Zillow predicts this neighborhood will increase in value by 17% next year. 

BP has been an invaluable resources to me for almost 10 years.