With a HELOC being around 9% I'd probably be paying more in interest than the money would make in the stock market.

The partners between a realtor like myself (proficient in renovation experience), a general contractor, usually a loan consultant to support the buyer and the lender, (along with a buyer and seller of course) are the parties involved.I come across so many homes perfect for 203k or HomeStyle buyers, on and off-market, it isn't funny.

Just do thorough research on the local market and have a solid plan for managing the properties remotely.Good luck!

Highly recommend partnering with a local realtor who knows the market. 

I'm a local realtor and would love to connect and chat about the local market.

I'm also concerned about the real estate market as a whole.

Kay Properties are very good at marketing and put out great materials. 

Engage an investor-focused realtor/broker in your preferred market (this is not a residential realtor) and start 'tire kicking' the market and properties that fit your criteria.

Found it through a broker on the market.

I have been very successful in helping clients acquire Airbnb homes and creating themes and uniqueness for their homes to be more appealing and marketable.