@Bruce Woodruff thank you I will check that website out and ill make sure to look for a GC with wisdom@William Kwong based off what everyone says I will absolutely be looking to find local meet ups and become connected with people in my immediate area.

So, a year goes by and at that point i read rich dad poor dad and i read tax free wealth. i re-approached him and asked him if he had any books in mind for me to read about REI and he said "ill send you something" well he is busy i assume and i never got the recommendation.

If not ill find a lawyer see whats up.

Make one and have your contact info on there, be intentional with how you market yourself. 

@Peter Amico If I'm in your place  ill just refinance, get my money back, keeping what you have with positive cash flow, and continue in orlando, there is good deals all the time in Orlando, all the properties I bought this year are 13+ cap rate, I got 9 properties in less than one year. right now there is no single good multifamily in the area for sale unless you wiling to buy in pine hills or that kind, I'm full time looking lol, I almost know every single house in the market, the one percent rule is the easiest to find . you can even find 3% in pine hills but it's really not worth it. 

Now that I am hearing about it for the first time and know their intention, I would give them the proper form for them to fill out.

With any luck and persistence Ill be calling this posting the diary of my first commercial acquisition.

He currently has title and loan in his name, intention was to rehab and cash out refi once finished. 

Secondly with these given numbers and my intentions to reinvest which method would work better; cash out, HELOC or LOC?

I get all that, and I am here to help.But, when using the term house hacking, how can a suggestion be made that he has no intention to move into it?