Yes, this is a people business and networking is crucial, but you also have to learn who are the opportunists and the wolves in sheep clothing.I understand that @Chris Piper 's suggestions are for those who are "broke" and even if a $100 was in the account, it would be used for food or to pay a bill.

The bank would potentially offer a HELOC up to $75,000 (75% LTV), allowing you to access $25,000 through the HELOC ($75,000 - $50,000).Additional Purchases: While your strategy to use a HELOC for further purchases is theoretically sound, it would be constrained by the LTV ratios and the actual equity you have in the properties.Equity and Debt:Ownership of Equity: You would "own" the equity used from the HELOC in the second round of houses, but this comes with increased debt and interest payments on the HELOC.Scaling and Risk: Scaling using this strategy comes with substantial risk, including over-leverage and the task of managing a large number of properties.Where You Might Have Gone Wrong:Equity Calculation: The main area where your strategy encounters a hurdle is in the availability of equity for a HELOC given the LTV ratios applied by banks.Risk Assessment: Leveraging can amplify both gains and losses, so a careful risk assessment is crucial.

Building a solid portfolio of property management work, networking, joining industry associations, and establishing a professional online presence is also crucial.

The market communicates, and it's crucial to pay attention to what it's saying.

@Nick Capriotti  In some areas a 50x100 foot lot may seem small, in areas such as coastal Orange County, CA, a 50' wide lot is HUGE!

You want to be able to learn the crucial lessons as you start and not have it be hundreds or thousands of miles away IMO

Medium-term rentals have emerged as the modern solution to the age-old quest for stable, manageable, and profitable property rentals.In this evolution, having a professional by your side is not just beneficial, it’s crucial.

Physically, work out, mentally-- focus on your connections with your spouse, friends, family,  human connections and relationships are a crucial part of sanity IMO.  

I have been looking at a property in Orange County for my sister to live in while she focuses on some volunteer work she's been doing.  

Whether it's passive income, wealth accumulation, or building a legacy, defining your objectives is crucial.3️⃣ Budget Wisely: Real estate investing requires capital.