Is this a good plan for a newbie?

[Lilah Johnson]

Hello all. I'd appreciate some guidance or validation in my plan below. I am a first-time investor that has been researching my butt off for the past few months and am very appreciative of this forum. So much information and resources! 

I'm pulling the trigger and getting started in real estate investing after reading all that I can get my hands on and educating myself. 

I have saved about 40-50K to use as a downpayment on, hopefully, two three-unit or quadriplexes in the Ohio area. These would be buy and hold. 

I'm currently in the process of taking out a Heloc on my primary residence of up to 100K that I just want to have at my disposal until I have saved enough cashflow from those properties to support any repairs, vacancies, etc. 

I then plan to reach out to banks in the Ohio area to get preapproved for a mortgage so I can have that on hand. 

Afterwards, I will reach out to agents and property managers in the area to find properties. 

Am I on the right track? Any ideas or advice would be appreciated.