2 owner finance homes or 40k heloc

[Reynaldo Tello]

I have a house paid off,and it's not worth much but I'm sure I can get a heloc of about 30 to 40k.I want to invest in rental properties,as it is my freedom number is 1200 dollars per month.I know that is not a lot but anyways I'm thinking about either buying 2 seller finance houses at about 40k each tenants in both houses,rent around 5 to 600.The other option is use a heloc and buy me a 30k house,remodel with hard money and rent it.hard money about 10k.what is my best option when the 2 houses will cash flow about 150 to 200 each or is there a better way to do this?Please I need some advice thanks.