Ill add Daniel to my contacts. 

If something horrible happens (like your handy man who you have given the keys to all the properties rapes your female tenant (you didn't know he just got out of prison for rape) (no insurance coverage for you by the way because intentional torts are uninsurable) you will lose everything you own.

I would strongly recommend getting a pre-approval or a letter of intent before you talk about a Heloc.

I used to live in Germany for 6 years when i was in the service therefore i know a lot about the areas ill be working at.  

Both PS and Roomster were deadends for our properties.My wife and I converted a large house into a triplex in Northeast GA with the express intent to rent by the room.

How feasible is it to have an offer accepted utilizing seller financing for non-REO properties with the intention to flip?

They were bought intentionally and our focus on hospitality is also very intentional.

It is all about how you can demonstrate your intent to hold that property for investment use. 

Did you buy with the intention of doing STR?

I've been talking with my real estate agent and have an idea of what ill do.