For rate scenarios lenders need to know much more info:1) SFH, Condo, or?

For example, what would the cash flow be like after you renovate and lease out at the new rates?

What effects would you expect to see from this legislation change?

Rates are hovering in the mid 7s depending on your credit score.

I do need a property that is not very expensive, which is why I have been looking into Clevland due to their low selling prices and high appreciation rates.  

The amount of equity I call pull is less than the cash I have but not significantly less.When doing this analysis it struck me that it may not be worth using a HELOC for the simple fact that the interest rate is ~9%* while the funds in my high yield account are only yielding ~5%*.

It's a new resource from BiggerPockets that helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:-Expert Matching: Match with professionals who meet your criteria-Extra Assurance: See licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members-Bonus Content: Plus they'll send you an interactive workbook: “How to Interview Property Management Companies”Hope this helps!

My agent is currently finding best rates with Travelers.   

OccupancyMost lenders require a minimum occupancy rate of 85%.

I could raise prices and make operational changes whenever I wanted.