It was a very interesting perspective and he is very highly regarded as well.I tend to personally feel the next 2 years are going to be mostly a lot of the same as now, operating properties to maintain rather than growing a ton.

As we're running out of personal capital to continue acquiring with, we're exploring a structure where we give investors an 11% preferred return that we buy them out of in 7 years.

Politicians will continue to pander to tenants and assault landlord rights until landlords organize and spend money to push landlord agendas.

Personally, I don’t love the idea of selling.

Keep in mind, the new vehicle may be eligible for Bonus Depreciation or Sec 179 depending on % you use it for business/rentals vs. personal use....

@Chloe Hohman  Agree with Nicolas, I don't see any money for you in this deal.Even if you could put down $50k, and financing $200k, with a standard 30 year 7.5% mortgage, your mortgage payments would be $1400 per month. 

You are probably throwing your money away if you are planning to hire a "guru".

In the next six months, I'm focused on building my wholesaling portfolio to reach a significant personal goal.

Dont waste your money with an LLC.

I appreciate any input in advance.Not only are helocs harder to find for investment properties, what you intend to do with the money matters.