It is most important that you have a clear understanding of the type property and the strategy you want to use (FLIP, LONG TERM BUY AND HOLD, STR, MTR).  

What do you guys think about this strategy of opening up a HELOC in hopes of freeing up some of my other capital.  

Our Fourplex 100% ownership strategy has evolved over time, and based on feedback from William and others, we now charge a 20% down payment, instead of 30%.Secondly, we now pay the investor interest on the down payment, as a discount on the final price.

I agree with Miguel, build your system, then hire a virtual assistant and train them how to use it.

That should tell you all you need to know about your strategy to find best debt terms.

There is tactics and strategy about how to open up maximum appraisal potential. 

Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

The folks on BP are a great resource as is all the training and tools. 

Dig deep into tax strategy, tax efficiency, etc  Learn about estate planning. 

@Jeanette LandFrom my experience working with over 400 investors, growing your portfolio with limited capital is absolutely achievable with the right strategies.