Real estate is a numbers game, and patience is key.

The other options you are playing with fire as using a HELOC that is paying interest is essentially buying with 100% financing.Having no skin in the game has always been a high risk strategy and people were able to get away with it the past few years due to the money supply and inflation but I would not use that as the measuring stick.

Property taxes and insurance can vary wildly depending on the location in SC - there really isn't a rule of thumb or generic figure that can be used. 

Does it vary depending on property type and unit count (SFR vs Multifamily, vacation rentals vs. long-term rentals)?

Mentees need to step up their game and make the offer to those who can help them.

Give Memphis a look, tons of opportunity to do it yourself and turnkey providers that have been in the game for a long time.

There are several great ones in Dallas, but I'll bet these days most want you to have some skin in the game, so no 100% financing and also financing of renovation costs. 

If you don't pay he gets the park back and your asset.That would put me at more ease, knowing that you have skin in the game, and are going to pay me.Gino

That seems to vary widely from state to state.

Yes, they can have higher rates and fees, but they come with some major advantages too—like not needing personal income verification or DTI requirements, which can be a game-changer if you're looking to scale quickly.