To replace that much income will require lots of work or you will have to hire a full time team that will eat into your margins and will require management.

We can't have our cake and eat it too.

looking at your breakdown, the margin leaves very little room for error, especially with holding costs and commissions eating into your profit. 

You’ll eat it on fees with HELOCS on investment properties.

As far a a dollar goes, you cant eat it, wear it, sleep on it, or send it to someone across the world within a few minutes for pennies. 

You would need to find a property manager to care for the investment until you return, which will eat into the profits.

So when you go out to eat for a wedding anniversary, you go to McDonalds right?

Not only do you not save anything in interest (assuming the rates are the same), but you're also eating up your valuable credit line, which is typically a variable rate and is subject to changes in the underlying index.

Take notes from a few people who tell you how to bake a cake, go eat some cake and get your own ideas.  

But remember that the kind of work the affiliates do, that will eat up all your profit in a few repair jobs.Turnkey property means that the place will be fully renovated and things working fine for atleast a few years.