So keep an eye out for any major improvements needed in the first few years of your ownership (roofs, exteriors, HVAC, electrical rewiring, etc) Things to know before starting: Make sure you buy at a basis in-line or below market comps (on a per unit or rent multiple basis).

Keep you eyes and ears open for  refinancing  options in the  forthcoming year...thanks and all the best 

I'd love to connect on leads and OH , I have been eying that area for a few years. 

I did not even blink an eye at is as they have a min.

Keep steady and stick with it, using plans like looking at local buzz and keeping an eye on road projects, to help grow home values.Thanks!

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

I have my eye on one that's in my price range. 

therefore, I think your theory does not pass the eye test.  

Hard money lenders are also going to verify the rehab budget and ARV - so having them vet your deal and put another set of eyes on it will be beneficial to you. 

I put eye and ear protection on the kids and handed a hammer to my daughter and an old baseball bat to my son and told them to go to town.