We told him speed was the most important factor and he got us to closing in 11 business days. 

Less than three weeks ago I received the largest profit sharing check of my life due to a flood of socio-economic factors and adherence to a people first, growth mindset by my company.

It might depend on a lot of factors.

@Matt Nico, the lender will take the income from the property, subtract a 5% vacancy factor(unless the vacancy in the area is higher according to the appraiser), then subtract the mortgage payment and other expenses such as utilities,  maintenance, etc and come up with a ratio(DSCR).

After factoring in all of my expenses above, my projected Cash ROI is at 0.74 % (not including return on equity).

@Patrick J.BP put out an article with a bunch of great data about about different market returns and I wrote a thread detailing some factors that have driven RE returns based on tier data. 

I thought this opportunity would be almost too good to pass up, and extra motivating factor to get started.

I would only use the HELOC for 20% down if I knew the rent would end up paying that off quickly and had it factored in along with my mortgage.

With all of the external factors going right now, I'm trying to think of anything that can give me a competitive edge in comparison to other rentals on the market.

I realize there are many factors, but if you could give a range that would be helpful.