The net rental income should be about 65% more than the mortgage. 

Having graduated from BC myself, I understand the charm it holds, which can be perfect for the right person.What year did you graduate? 

Quote from @Perry Lierman: Thank you, this is perfect! 

You might be surprised, but your rental properties have more in common with dividend-paying stocks than you think!

Most DSCR lenders will require a credit score of 620 or better.

This is a good opportunity in a strong market, and with your excellent credit and HELOC funds, you’re in a great position to make this project happen.

Merchants Bank MN See Pavel Ushakov>=700 (credit score), <=80% LTV the rate would be Prime - .25% 
>=700 (credit score), 80.1% - 90% LTV the rate would be Prime + .50%
>=700 (credit score), >90%, the rate would be Prime + 1.75%30 years; 10 yr draw, 20 yr repayment.

Convince yourself that there's a better than average chance that you will lose, and if you can live with the time, energy and money spent if you do. 

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

No one is perfect though in RE if your doing volume your going to have a few that are bummers but at least in our program there is control.. not this feeling of helplessness when you hand your money over to a syndicate and they go dark your totally out of control of your funds..