In an ideal world, look for 3 bedroom condos.

I do have a friend that has larger homes with 5+ bedrooms and she does well on VRBO and only uses that platform.

Buying a house, renting out the additional bedrooms at about $1000 a month on average.

I’ll double-check with the lender to make sure there aren’t any unexpected conditions tied to it.

That’s another reason to hold off on an offer, since there's no proof of cash to close yet.As for the HELOC funds, I'd proceed cautiously with borrowing from other sources if you’re not yet certain the loan will close, and I’d double-check if your application has been officially approved. 

Purchase price: $190,000 Cash invested: $69,225 Contributors: Taz Zettergren, Chris Clothier This home features 3 bedrooms, 2 bathrooms, a driveway, 1,140 sq. ft., and a single-family detached garage, built in 1989.

4 bedrooms?

I bought a two bedroom one bath house in Indy for 70k which was 10k under asking.

Once you have the phone number, you can double-check it at https://www.usphonebook.com.

If tenants are moving out right after closing, do double check the leases clearly show the security deposit they paid the seller and you collect that amount at closing from the seller (credit to you) so you have those funds to then return to the tenants when they vacant under your ownership.