You should take a job for the education and not the money.

It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.

I know it’s no longer legal to do wholesaling in SC but let’s say you have the money to buy the property and you can turn it around.

If the deal goes south and you have next to zero money in the deal, selling a short sale or walking isn't as risky for you since you aren't losing much.

This money gets added onto the back of the loan kind of like a VA funding fee does. 

This will save me much more money eventually than the cost of the bookkeeper.  

Does it make money?

Quote from @Andy Sabisch: Will it help you sell more or get more money? 

If you have other money to grow your portfolio even with $107K left in the property then  hold the property. 

Many property owners rented, and decided not to rebuild, but to sell their homes and use the money to invest, travel, etc., staying in rentals.