I would suggest that any property you buy, purchase at a discount and use the BRRRR strategy in order to recycle your HELOC funds and acquire additional properties.

Your life will be a lot easier of the lender can just recycle all the paperwork you've already submitted & send the next one right back to the exact same underwriter. 

The goal with the BRRR strategy isn't to be making an immediate profit per se, the goal is to recycle the same money over and over again.  

My past 10 years I was given the opportunity to start a yard waste recycling business from the ground up I took that business in making a 50-60% growth every year doing whatever it took to get the job done.  

One of the reasons I enjoy fixing up houses is because I'm "recycling-" taking something old and making it nice and new.

So, in 6 months after you refinance, you'd have $0 left in the property, and you can recycle your capital and do it again. 

BRRRR (Buy -Rehab -Rent & Refinance & Recycle)Take each piece and break it down.It will depend on how fast you want to scale up.

But just that I had read it and heard and watched it so many times, that I was no longer really learning anything new, I was just recycling through the same information over and over.That's when I think it hit me that it was time to just take the leap of faith and do it.

If you're just recycling over wholesalers deals you have to ask yourself what value you're adding.  

They pile up on everyone's desk, then eventually get dumped into a recycle bin.