This might also be true even after you move out and put a renter in your unit, so make sure to analyze the property as owner-occupied and also after you move out. 

It is very intriguing to me but sounds to good to be true.

Its simply not feasible to run title on everything that you want to bid on if your out west.the reason is you can look at 50 props you like and only 1 maybe 2 will actually go to sale and you have competition on those.. now i am talking TRUE foreclosure sales not Auction after the fact.

Ignatius,  I talk with investors every day and there is one things that I know is true about all.  

Maybe because it's a true vacation rental. 

Most CPA will say they work with investors who own real estate all the time and that is probably technically true because so many people do have one or two properties, but that doesn't mean they treat their properties like investors, nor do those CPAs necessarily know how to take advantage of real estate tax rules.

I have called 20 banks and no one does a 1st lien on investment properties except 1 stated they would if owner occupied.During the research I read a website, which stated that 1st lien HELOCS on non-occupied are illegal and not allowed by Federal Law.Anyone know if this is true?

How do I know if this is true?

I'm curious to learn from this community—what strategies, partnerships, or team-building techniques have you found most effective in scaling your real estate ventures?

"The true measure of a man [person] is how he treats someone who can do him absolutely no good." - Samuel Johnson This post is intentionally short.