However the property has a freeway behind it and hence no rear neighbors /more privacy.You’re going to see low or negative returns with minimum down payments in that area unless you’re going BIG as in much larger homes and much heftier budgets for design/amenities.There’s great cashflow on the Clearwater/Largo/Seminole/StPete side - you’re looking at 2 high cashflow buckets that I call Tier 1 and Tier 2. 

We live on the opposite side of Canada for work right now relative to where this house/city is.

I recently just purchased a duplex and plan to rent out one side for section 8/VA VASH program.

Nothing against Royse City, its a matter of strategy, but personally I er on the side of better schools. 

I think people who dream of never working are blinded by working the wrong job or a job they hate.

My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side. 

And I would suspect a cash out refi will give better terms than a home equity loan, but I'd need to see the 2 different options side by side.

If you are handling that side of things, then of course it makes sense to map it all out and start planning your purchases. 

Investor side:  Pitch it to your private investor as 12% interests on a 5-year private loan from your investor to secure the $30k.

@Brett BurkyThank you for noting I made a good point - see even a blind squirrel 🐿️ eventually finds a nut.To original poster - I tend to be brutally honest at times so happy to share my opinions on anything you are looking at