If the second property you are buying is not turnkey, will require some work, and there is a clear value/range of what you can bring the property to by adding value then you can refinance to pay back the majority if not all of your HELOC (used for downpayment or to buy the property completely).You'll need to know how to analyze an after repair value of the property to figure out if that technique can work or not.

To give some context, my budget is around $300K, so any recommendations within that range would be especially helpful.Looking forward to your advice and suggestions!

I have been in the 70% range before. 

I moved from Florida to start investing in Columbus because of the same reason.https://www.zillow.com/learn/hottest-housing-markets-2024/The markets here in Ohio range.

Building housing is subject to a significant array of regulatory costs, including a broad range of fees, permits, reviews, and other requirements imposed at different stages of the development and the construction process, with both a direct cost and a time/delay cost.

I see a lot of comments about SubTo and a lot of them are from people who are not members of the community and who appear to be making wide-ranging assumptions… some of them are very condescending regarding how much value your opinion is if you don’t have many posts/opinions.

As I mentioned to April, I am in Phoenix, AZ, and the few places I have called about full service were in the 8-10% range and didn't have a capped amount. 

Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”

Rates are in the 7.5-8.5% range. 

Hiring a Property ManagerManaging Yourself:Control: You have direct control over tenant selection, maintenance decisions, and overall management style.Cost Savings: You save on property management fees, which can range from 8-12% of monthly rental income.Challenges: Being across the country means responding to emergencies or maintenance issues can be tough.