Keep the dream alive mateI love the saying "Make a passion an obsession and you will never work a day in your life".I worked as a laborer on commercial sites.Saved $50,000 in 4 years and bought my first property in 2011.13 years later and I stopped counting a 1,000 deals.Made a fortune and lost a fortune but that's the game.As long as you make more than you loose.Had a very successful business fella tell me one day "You can't go broke making a profit, even if it's just $1"Wishing you much success

Have some fun with it and count your blessings.Good luck, keep investing and moving forward. 

Depending on your needs, we can share our perspective on success rates in various Disney area communities taking amenities, bedroom count, proximity to Disney, theming and all those factors into account..and we can refer you to a realtor who is a good match for you.

I also wouldn’t count on doing great cash flow-wise, even if it looks on paper that it’s a good deal... you’re going to struggle with collections and evictions, in my experience.

Do you have all those things on top and the liquid cash, or are you counting those assets as the liquid cash?

I'm not sure what unit count you are looking at, but most 5+ unit buildings need to be LTRs, but anything 2-4 unit multifamily can easily be done with A DSCR loan for short-term rentals. 

That said I'm not sure the TCO will help here because it is a meter set with PGE, not something that is a City permit issue...maybe they can allow it with a temp pole/meter but I wouldn't count on it. 

For example, my "Buy Box" is single family homes (at least 2bedrooms / prefer 3bedooms, turn-key ready (no rehabbing needed), in military towns.Property Type: Single Family / Multifamily (duplex/fourplex)Bedroom Count: 2bed/3bed, etcCondition: Distress (rehab needed) / Turn-key (no rehab)Location: Towns/States/Cities I hope this helps!

At the end of the day section 8 is usually all about the bedroom count that dictates the rent not the overall condition of the property.  

Your credit score will take a hit with the heloc and banks will sometimes count the entire funds available as though it were all used when calculating dti for other deals.