Also, because you are at risk if the leasee fails to execute properly, you had best have a great lease and the ability to check on their performance. 

With your focus in using house hacking, Conventional or FHA loans would be your best options.

We experienced real estate investors tend to look at most “guru” type training/mentorship as, at the very best, inadequate to provide the new investor with a reasonable pathway to success.  

Best regards,Drago

I have always found these types of folks to be very helpful and forthcoming.

My client recently purchased a 3/2 single family house for $160k that was near turnkey and already rented at $1900/month and in a very desirable residential neighborhood!

Quote from @John Underwood: SC will give the defaulting owner the overage if they request it.An owner (or former owner) requesting overages in South Carolina or Texas won't prevent you from getting the property at a discount.Under the new Arizona law, an owner requesting Excess Proceeds before the foreclosure is finalized will prevent the tax lien investor from acquiring the property or making any profit besides the generally very low interest.I am worried that might even happen if a junior lien holder requests such excess proceeds.To make things worse, when the 30 day notices are sent to the homeowner, they need to include a statement regarding their right to ask for excess proceeds.

Also, as they say... not your keys, not your coins--so better have a very deep trust in whatever site you go with. 

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

I was their best option.