Incomes have barely budged, and consumer debt is increasing again.Housing prices in North Las Vegas are rising so fast that many communities are no longer affordable.

So frustrating and time consuming and painful to have to go through the damage. 

@Leroy Feireira-shearin They don’t tell you it’s very time consuming and marketing is very extensive.

No idea why CFPB carved out that exception to what is widely viewed as a "good" consumer protection rule.

@Ethan Lieber, to expand on what @Irina Belkofer mentioned, managing a single property can be very time consuming. 

there are not any lenders that will provide a HELOC on this scenario ….try  contact the present lender / servicer  for options on the current loan …….you might also contact you bank to see if they can provide an unsecured consumer type loan that  is better than what you are paying now

That data I becoming more and more accessible to consumers vs being hidden behind Realtor walls

Between VRBO / Airbnb apps, automated templates, and your boots on the ground team it’s very easy and not very time consuming (once you get it going- initial setup on new properties can keep you a bit busy).The only requirement is having your phone on and with you 24/7 to quickly respond to inquiries & questions.

As for where to start, I would start by reading the BP forums, listen to BP podcast episodes and check out the beginner's guide here: https://www.biggerpockets.com/real-estate-investin...In my opinion, his methodology is helpful to people who have a lot of consumer debt (credit cards, personal loans, etc), but not all that applicable to real estate investors. 

You should be basing your returns on a minimum 10% return on equity before you calculate any possible cash flow from the property itself.Attributing a return to your dead equity first will normally result in consuming all income from the property resulting in the property itself having negative cash flow.