That's just not wise. 

I'm also a skilled handyman and was considering offering my services to other investors as a separate business venture.My question is:Is combining buy-and-hold rentals with handyman services for other investors a wise approach, or will it spread myself too thin?

Price wise, Millbury and Worcester will be the lowest entry point as they have smaller houses

“She said she got fed up and went to her family’s home on 160th Street—with the local TV outlet in tow—on Feb. 29 and called a locksmith to change the locks for her.”Understandable, but not a wise course of action.

Having paid off RE eventually cash flows quite nicely :)  Yes very wise words,I question if I'm risking too much using a HELOC.

Would it be wise or unwise to factor income from the STR into my budget therefore affording me a higher purchase price? 

Here's a crucial tip: Choose your market wisely!

Long terming it, especially in this economy, isn't wise  

Holding title in an LLC or Trust is always wise for asset protection and estate planning considerations.  

Buy wisely and watch the budget and you should have instant equity.