For example:How well does in-house counsel adapt to different jurisdictions, especially if we’re managing properties across multiple states?

Several Midwest markets could work well with your parameters.

I'm a GC as well and did the math, the Heloc would save considerable interest because it would average on 33% of the balance borrowed at any one time (and thats assuming constant deal flow).  

I am doing my best to accommodate and fix the insulation as well as see if there are programs in place to lower the cost. however i want to be firm with tenant as they are not compliant with paying rent because of the cost of the utilities.

The numbers can look great on paper, but the success really depends on buying in the right areas, managing renovations well, and having a solid team in place for property management.If you’re thinking about buying, fixing, and renting, I’d recommend starting by learning as much as you can about the different neighborhoods.

Sejin - Have you read your fair share of books as well as listen to podcasts?

The other site that I would be looking at is meetup.com as well, they have a lot of meetups in your area that you can attend to get in front of people doing the stuff you want to be doing.  

Just seems like with rates still high + taxes + no homestead relief + rising insurance, and needing a PM (I’m in Denton co) I’d need to really find a good deal to make it cash flow well.  

The properties are well located in Denver with value add potential and all rents are currently well below market. 

With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well.