This year’s most popular areas are known for being fast-growing cities with plenty of new development, with healthy job growth in Florida and Texas in particular.

Fellow Iowan as well.

i have seen many do very well getting on a team.Myself personally I would concentrate on listings 1000%  Buyers only if well knownand wont waste your time. 

Quote from @Khaled El Dorry: I have a portfolio of 3 SFH's (2 in Jax and 1 in ocala) and 1 duplex in port charlotte (never flooded or damaged due to hurricanes) that have done very well for me.  

The sheet set was a $90.00 purchase made exactly 8 weeks before the guest ruined it.

For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up. 

If My father and I use the heloc to fund the repairs; I'm concerned to have payments on a heloc as well as giving up all the cash flow for a period of time.

This property was a foreclosure auction purchase, so minimal information was known.

The ads probably relate to a well known GURU on YouTube who convinces people to spend $12,000 to join his "community" and to send him leads.

Hey William, I am a real estate investor and property manager in Las Vegas as well.