Cash flow has been hampered by an increase in cost of ownership recently, specifically insurance. 

Specifically, I am looking at partnering with an individual who owns securities (stock and mutual funds) having them take out a line of credit against their portfolio (SBLOC) at a low interest rate, and using that to purchase properties rather than using a mortgage.

The reason I ask is if you're starting a "non-real estate" business, I'd recommend NOT using that business to buy any properties but use a real estate specific LLC to acquire your properties.

I do NOT have enough knowledge or experience in this arena to provide specific “how to” accomplish this, or even to provide specific”proof” of my position.  

Any HML will want answers to those questions plus a rehab budget before getting you a term sheet for a fix n flip loan for this property.I close these types of loans all the time, if you have any specific questions about the process don't hesitate to reach out.

You're better off focusing on specific markets, specific neighborhoods, analyzing numbers, and building an ideal buy [box].

Quote from @Keyshawn Johnson: Hi BiggerPockets Community,I’m currently living in Italy but will be moving to Florida soon, specifically to the Destin area.

@Emily Shin, while it can be debated, I would advise house hacking your first deal before investing out of state.

They can advise you on the best way to structure the LLC and get financing. 

Specifically that are not in non disclosure states.