Rental property strategy advise

[Brodie J Meaux]

I have recently inherited a 3b 2bath single family dwelling appraised at $100,000. With no debt on the residence. Im planning on opening an LLC and renting it for one year to collect capital and an doing 75% home equity loan on it. I plan on using the $75-$70 k to purchase 6-7 $50k 2b 2bath single family dwellings using 20% down on each residence. That is the strategy I was planning on going with. Can anyone give me any advice on if that's a good plan or if they have any better ideas for growth in rental real estate. I work daily make 50k a year and am new to real estate.