You can use the HELOC for your down payments - translated - if you're buying 100k properties and you have a 100k line of credit and need 10% down, you can buy ten properties :) with your line of credit.If you already have properties ear marked for purchase and/or have them under contract, you may want to get the HELOC in the same month as you begin applying for mortgages for credit inquiry purposes.

Translated, that means for a house with a $200k ARV you can get a loan up to $160k.

Annual depreciation of $3000 translates to an adjustment of $250 to your rental income calculation.

That gives us the same $500 a month in cash flow.Gross Rent $4,500Expenses: $2,250NOI: $2,250Cash flow: $500Max payment: $1,750Max price: $263,038For the $900 units, that translates into $52,607 per unit.

If you paid $230K you'd be right at $100/unit/month, not counting the extra expense for heat.A seller second doesn't translate into 100% financing.

The no cost loans directly translate into a higher interest rate.

That translates into $20K or just over the equivalent of $10/hour.

Of course it will show MUCH better with fresh paint, but does that translate to dollars and quick sale?

Even if service is horrible in your particular location, that doesn't always translate into a "need." 

I am in the construction management industry and think my skill set would translate well.