So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.Public RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

Good morning from the east coast, actively looking for a good SMS platform?

If you are going to be active, and have high conviction in a project with a clearly defined entry/exit strategy then using a HELOC is one of the better sources of capital.But, I continue to have my stance that, on average, folks who use a HELOC to fund the down payment for long-term investments will eventually find themselves in a situation where their portfolios drain their personal financial situations, rather than fueling them. 

Honestly, as sexy as it sounds to be active and go after them on your own, as a rookie, even with some book education, the real world can knock you on your azz so I would suggest going with a very experienced and proven sponsor.

Quote from @Sandeep K Mamidi: We have over the years bought and sold several rental properties in FL, AZ and TX (Pretty Passive)Want to become more active with Flips and grow our wealth using innovative strategies and expand into Multi Family Real EstateCongrats.

Looking forward to being an active member of this community.  

I now have a duplex, and a triplex and actively working on acquiring my third.   

Hey @Karl Kauper, lots of property owners here (including myself) but maybe not a lot who are active in the forums and own properties in the specific location you mentioned.Also, something to keep in mind, BP is an education company.

Quote from @Marc Shin: why do some investors try to put their new STR's into service towards the end of the year when there is very little active income to offset? 

The LLC has to do the 1031 exchange because that is the tax return reporting the activity of the property.