Work out some sort of split that is fair for what each will contribute and jump in!  

I foresee that we are at the point where we need to really hone in our processes and procedures, so that we can scale well because we have just sort of been shooting from the hip.

This way, you have your cap stack sorted up front and you can fully focus on identifying and taking down deals. 

Be prepared to document where that cash came from - in your case, that's easy, your HELOC.Would be happy to help you with that sort of transaction if you want to reach out - I find a lot loan officers are unfamiliar that this option even exists. 

We're sort of trying to figure out where to begin with out-of-state investing.

You need some sort of tile or waterproof sheets going up the walls to the ceiling.

What sort of property do you think you are more likely to accomplish this, low cost market or higher cost market? 

It's easy but your body will ache and it will take a lot longer than a pro. 

I’ve seen today the machines that ooze out mortar of some sort to build the walls of a house.  

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).