@Carini Rochester I agree with Greg but to be clear Good Cause does not require a landlord to provide free housing, it just forces them go through the onerous and expensive and lengthy process of actually going for non payment eviction instead of a hold over proceeding, when the landlord knows that a monetary judgement is worthless and just wants possession of their rental unit back so they can fix it back up and rent it again hopefully to a great tenant.Also the problem with all this is that from 2019 to now, landlords have gotten used to having economically or physically vacant units and have priced that risk in. 

You have a payment once you borrow against it, but not before. 

Even if you didn't manage them, your management payments would be astronomical because it would be unlikely they are all in the same area.

You mentioned buying a fixer upper with your HELOC and now are talking about a 20% down payment.

Layer on the ability to invest the funds that otherwise would go towards the down payment and transactional costs and you likely come out ahead in such a short term horizon renting.

Have all payments from  the tenants go to your LLC. 

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

Maybe you can use your duplex as collateral seeing as you don’t have a big down payment?

Well based on that logic, home inspections cost money too and I could save towards my next down payment by skipping those. 

There has been quite a bit of complaints in the past year of IHA mishandling payments or not paying at all and little to no communication.