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.

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

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. 

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

I'm with @Randall E Collins, I personally have never had a good experience with it, especially when I was first starting out.

for example if I have a property rented for $2000 a month and I charge 1 month rent as a turnover commission and 10% of each monthly rentals as a management fee I would send my owner a 1099 for the full $24,000 and they would just line items the turnover commission and monthly management fee as an expense on their schedule E , correct? 

Euclid off of Euclid Avenue, houses in the E 190s, and the condos in the E 270s are areas that might give you some trouble (though nothing nearly as bad as what you would get in most of East Cleveland).