I would use my HELOC to make the purchase and rehab.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

Any advice or recommendations on where to purchase a long term property for rent are appreciated!

Heads in beds means more revenue.

In the NE states, AKA tenant friendly states, I would always have a PM to help protect my interests.

@Jerry Velezif a property is owned outright with no mortgages, debts or liens on it, then it can (potentially) be purchased on seller financing. 

I would  show you purchase strategies, real estate monetization, rent roll leveraging, portfolio margining and asset protection/deep tax deductions  

I’m a Portland-based real estate broker and work with many investors navigating cross-state purchases.

Yes quite a few of our 5,000 options have rate and term or purchase!

A lot of it has to do with location and time.If they are local owners looking at 1-2 LTR properties, I'll assist with identifying cash flowing/near cash flowing properties, assist them in the purchase as their buyers agent and assist with tenant procurement, listing, etc. but they can typically handle day to day management from there.Furnished properties, whether that be MTR or STR, are a lot more involved, as I'm sure you're aware of!