Every little thing you can do to increase your chance of success, you will need to do.

I've grown tired of my "9-5" and thought I'd revisit the idea of doing something real estate related.My immediate goal is to discover what opportunities exist that would be a good use of my technical background, but I'd also like to explore the rental and rehab aspects.I'm looking forward to interacting with all of you!

Perhaps you can use your skills as a leg up to look for deals where subdivision or a change in use can increase value.Brian

It would provide a lower mortgage payment increasing your cash flow. 

So, typically on a $200,000 property, I spend about $25,000 to control it, I get $25,000 back out immediately from the Tenant Buyer, I have a spread of $6,000 to $8,400 for each year, so a note that pays off in one year totals $31,000 plus or minus and a ten year total is $109,000 plus or minus.

After rent increases to market rate of course.

While this particular property may be immediately rent ready, sometimes you’ll take possession of a unit and want to do something before you rent it - i.e., cleaning, carpet shampoo/steam, paint etc.

Therefore, we had to move in a rental house and pay for storage for 3 months, on top of getting an extension on our loan, as well as increasing the amount we borrowed.

CoStar and other companies mentioned are trying to increase the volume / quality of data but even then this is a very fragmented industry.

The interest rate can adjust on a HELOC so it is better used for shorter term debt like a flip or a BRRR.Home Equity Loans are installment debts that you pay a fixed amount on what you are loaned, and you must begin repaying it immediately.