Then based on @Michael Baum's suggestion, I think I will have my cleaner and/or maintenance person do monthly/quarterly maintenance like using using enzyme based cleaners, grease fighting drain treatments and hot water flushing. 

With respect to paying $44k off on your HELOC, I personally think that is totally fine and a great start. 

___________________________________________________________Why does everyone want to chase strangers – and ignore their own personal network?

If you feel the need for in-person mentorship, reach out to prominent local investors and try and strike a deal to learn from them.

We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front. 

If that person were to get hurt somehow and then expect you to pay the medical bills or become disgruntled in some way it is just a phone call to DOR, OSHA or L&I. 

Account Closed It will only show on your credit report if the person who is holding the notes goes to a servicing company so it is recorded.

I cold call and go direct to the seller and I have a 3 person team that pretty much just calls all day long for me.

When you say "we," are you speaking about your business or your personal tax returns, or does your business flow into your personal returns because you file as a sole proprietor?  

I’ve met most of my partners through in-person events because it’s easier to get a feel for someone’s personality and long-term vision.