Ryan, renting a place in PR to learn the market better sounds like a good idea.   

I think BP is a great place to get ideas for future flips and see what has worked for others.

I'minspired and always on the lookout for new ideas, trends, and success stories.

I know, not the greatest idea.

Would a HELOC or home equity loan on my personal home be a good idea to fund this?  

Look at buying my first investment property (probably a house in the 100-150k range) and begin looking for a tennant.I can imagine there a lot of different theories/ideas with what one could do here--I am just curious to see what other people think.

We are working on our first flip house and we didn't plan to do the BRRRR method, although it has come up in conversation multiple times due to the area it is in, we are still tossing the idea around of keeping it as a rental.

I’m here to share ideas, ask questions, and hopefully contribute to discussions as I learn from your experiences.Honestly a little overwhelmed at all the choices and intricacies: but excited as well!

I wouldn't let the idea of purchasing a home that has oil heat deter you. 

I've also consulted with a lawyer but wanted to check if anyone else has ideas about how best to go about this.