New investor - HELOCs

[William J Vance]

I own a house and have taken out a HELOC of 65k . I am struggling to find a strategy that works. I have been looking to buy a rental house for 50k that needs no significant repair in Hattiesburg MS. Is this worth it and where do I go from there? I would like more properties but I don't know how best to use the money I have available. Also, I don't live in Hattiesburg and I am renting out the house I own. TIA