Some takeaways from him:Treasury Regulations section 1.280A-2(i)(3) gives a couple of ways you can proportion the rental portion of a property--my accountant used square footage.Under section 280A of the tax code, common areas that you also use are considered part of your personal space and unfortunately aren’t counted as part of the rental space in the proportion calculation.

House hacking will also give you some personal "property management" experience.

We kick that person out and got a bill for $30,000.

If the land is separate from the mobile homes, you may be able to see what the county assesses the homes if personal property. 

For me, passive income means generating steady revenue streams with minimal day-to-day involvement, allowing me to focus on other important aspects of my life, like spending quality time with my kids.

That said it has become an issue in the recent purchase of my personal home.

If you can refinance and just pay off debts you can take out a personal loan after the refinance up to $50K.

do some odd jobs--plenty of contractors are looking for help...start a lawn care business (extremely popular right now), work for a company that's involved with real estate such as a property manager, title company or hard money company (F-Street is often hiring) or a real estate investment company? 

If you decide to rent it out get a professional PM involved. 

I personally have used a heloc to purchase and renovate an investment property, like you mentioned I cashed out at the end and paid back the heloc.