If you are going to be active, and have high conviction in a project with a clearly defined entry/exit strategy then using a HELOC is one of the better sources of capital.But, I continue to have my stance that, on average, folks who use a HELOC to fund the down payment for long-term investments will eventually find themselves in a situation where their portfolios drain their personal financial situations, rather than fueling them. 

This helps them close quickly on properties and fund projects. 

If you're open to exploring international opportunities, I have an exciting real estate project in Dar Bouazza, near Casablanca—an emerging hotspot for residential and vacation properties.

I am under contract for purchase of my next project but then I am stuck on that deal and not able to take down another deal without more capital.

Also, we had a number of people migrating to Michigan for short term projects in the area, so that kind of helped.

It's hard to say for sure without knowing your market numbers, but I would bet you if you looked at a 10 year projection, you will probably have a better ROI with the equity in 2 houses as opposed to the equity and cash flow with one. 

Right now we only list on Furnished Finder, Airbnb, and VRBO and our 3 bedrooms are usually booked by local families doing renovations or repairs on their home and groups traveling together for work projects.

I have 5-6 people to manage the student properties (and new projects).

I tend to get questions or concerns outside of business hours, which make it tough and frustrating at times to provide immediate replies (although I do get back to the guests quickly)

Would be happy to run a revenue projection on all of your properties.