From what I've learned it seems that a HELOC is probably the easiest way to gain funding but at the same time it comes with risks if the flip isn't successful. 

And just confirmed by another BP member:

It took more time and back and forth communication than was needed, and compared poorly with other refinancings we have gone through.

The previous Tenant left the place dirty, and several rooms need new paint.

I 100% agree with Chris and Peter.

The midwest is not growing as fast as the south and southeast.

Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

Translation: your client cheated the IRS and the states.

This is a growing trend in rentals to increase cash flow and help your community with affordable housing! 

And how many classes are there?