Has it been your primary residence for 2 years or more?  

Years ago I bought houses for $25k in my market.

I went to my first BiggerPockets conference last year. 

Nicholas,I opened up a HELOC last year and I was able to do it for free. 

Are you looking for 7-10 years or maybe longer? 

Quote from @Collin Hays: From a macro standpoint, cash flow is difficult when servicing debt, at least in the early years. 

I have experience as a Residential agent in Denver, CO and as a commercial Leasing Associate in Chicago, IL.I am planning to purchase my first rental home here in the next year or so and make it my primary residence.

Purchase price: $240,000 Cash invested: $39,000 Sale price: $342,000 Held property for 3 years and rented out the property for 2 years with a rental profit total of $22100 How did you finance this deal?

Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.

(assuming rates are where they are today and rental prices increase during that time)Now, this may not need to be a 5 year lease.