Ya tocaba un poquito de español por aqui!

It is a $3.99 for the tenant to use, but they take their rent money to a nearby 7-eleven, Dollar Store or Ace and present a barcode/number that you'd send to them.

With no experience, you probably would never be presented with a good deal. 

Duplex was not appraised for the amount that the realtor presented. 3 different appraisal short (needed $50k for HELOC) so now I am unable to cash out refi.

I am currently looking at a 12 unit presently and thinking about using a HML. 

It will be expensive as you'll need a meter socket, weatherhead, breaker box/load center in the unit and then all the circuits in unit three will need to be disconnected from the present box they go to and brought into the new load center.

No need for management LLC's, LLC's in WY, DE or any of the other states that are inaccurately deemed to be better for incorporation.

Quote from @Julian De la Guardia: Look, I get it.. you’re standing at this starting line, itching to get your first.... or next.... investment rolling, but all the advice floating around feels like someone’s reading off a stale script.

This may be part of the reason why some decide to quit pursuing real estate investing, especially when challenges start presenting themselves.

This one is going to presented as a value add but is not distressed in any way.