Lenders will use your tax returns schedule E to calculate your monthly rental income.

They'll e able to underwrite the deal for you and give the LOI based on the property performance.

Here's why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.

@Randall E Collins sorry to hear about your health issues, but you need to go directly to the sellers and not through anyone else. 

@Carolina E.

I am not however, under any impression, that RE investing is easy work.I look forward to e-meeting you and maybe even meeting you at a local meet-up in the near future. 

As I have never seen a self-managing person using a secured server service on e-mail security, encryption etc..

If you accuse personalities, parties or ideologies it's probably getting shut down - i e.

Your mentality goes hand in hand from what I learned in the E-myth book"building a network and a team of professionals to help me (property managers, agents, lenders, mortgage brokers, insurance guys, etc.); and training/teaching them to basically do most of the work for me."

Get prepared for the worse case (the dreaded E word).