We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

Now i'm planning on being around 85 units end-of-year.

This criteria is for 1-4 and 5-8 unit programs.

If you plan to be there for the entire rehab process, then go for it. 

I'd like to accumulate enough properties to cash flow 6 figures, which would likely be a 20 year plan. 

It's not just about creating beautiful spaces; it's about making every square foot work hard for both the investor and the end-user.Optimizing Space UtilizationThink about how reconfiguring a floor plan can add value.

Make sure to run your numbers conservatively and based on the current as is value if you plan to go this route. 

Their entire business plan is wait a few days to come out, charge  deductible, go back to the office to order a part or two that will come in a day or two.

If you plan to buy in your hometown, buy a 2-4 unit, and live in one of the units.

I have not heard of one of those, but am gearing up to buy my second house and could possibly use some sort of loan program like that!