I have a friend who has a ton of property in Bakersfield, Ca so I'm still keeping my eyes on local.

I would not buy out-of-state apartments with an eye toward cash flow without seeing them or knowing the area.

We have kept our eye on a HUD property that is now past 60 DOM.  

That being said, one of the rooms is occupied by my son so I have eyes in the house.

I would start with your market, and make sure you get your eyes on as many deals as possible, whether they are on market or not.

First, I was informed that wholesaling in Texas now requires a double-close, which made my eyes go wide and prompted a deeper inquiry. 

investor friendly realtor. only work with license & bond contractors, since you’ll be out of state. whoever you get to be ur eyes on any project, make sure you trust them. definitely use that lot for more $$$ either build another rental or let the contractor rent it till you have a SOLID plan. double check laws & zoning! 

Those who dream by night in the dusty recesses of their minds wake up in the day to find it was vanity, but the dreamers of the day are dangerous men, for they may act their dreams with open eyes, to make it possible.”T.E.

I don't have any STRs on the Oregon coast but we visit there often, have family in Brookings and have had our eye on the southern OR coast for some time.

Would a unused, open HELOC affect my credit worthiness or increase the risk in the eyes of a traditional bank lender?