Your thesis is basically rent low and accept less desirable tenants so I don't think that is the best thesis to base an investment off.

It was high rent, low entry point area but within 6 months I dealt with an eviction and electrical issues.

I should probably focus less on the highs and lows and aim for that average ARV per location and what buyers/renters are looking for. 

These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

My thought is to use a HELOC for the down payment on a new property (20% down), then once I acquire it, do a cash-out refinance to pay off the HELOC while keeping my original low rate intact.

Rates were still extremely low, which made both properties extremely lucrative with cash flow.

As the market evolves we've intensified our commitment to helping investors focus only on listings that are eligible for vacation rental usages and either; have exceptional existing production or high potential for rental performance.

Depending on the property far more than the acquisition price may be required and that will also dictate the best loan product. 

Low cost, possibly yes, but also possibly very time consuming and that has a cost.