Quote from @Clayton Silva: Quote from @Jeffrey Blackman: Quote from @Clayton Silva: 2nd position HELOCS on investment properties are typically capped at 70% LTV and have rates ranging from 9-11% just a heads up unless you use a local credit union where you have cash on deposit with them. 

Wait for insurance to pay and work with your tenant however you choose to or local law dictates.

Otherwise, just go through all the local/regional banks.   

One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.

They are generally large retail boxes that in my experience need to get demised for another user to take over, unless you find some kind of "local grocery" to backfill. 

The 70% rule is a good starting point, but also factor in local market trends and high-ROI upgrades like kitchen and bathroom updates, modern flooring, and curb appeal.

I live in Phoenix area.I am new in real estate investing and looking to connect with my local investors. 

While I’d love to invest locally, most properties here are beyond my price range.Right now, I’m compiling a list of potential properties, underwriting deals, and reaching out to Realtors.

Have you looked into the local STR and MTR markets?

My financial standing: Income - 130k W2 Credit Score: 690-710 (depending on when it's pulled)Debt: 330k VA Loan on primary residence, Car Loan $11k and no credit card or student loan debtCash: 30k Children/dependents: NoneI'm looking to be an out of state investor as my local market (Las Vegas, NV) is out of my price range and decided on Kokomo, Indiana to get a property around $100k-130k.