We are currently in a n escrow for a new home, our own to live in.

One more thing I should address:  Installing cameras inside of a residence with other tenants can be a HUGE legal violation.  

I found a house that I like to purchase in a great neighborhood and the exterior looks great for a 1922 stick built house.

Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

3.5% down is offered through a FHA lender.

Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 The property is a 2 bed 2 bath with a den and a 1 car garage.

@Jarret Jarvis I can't imagine many house hackers hire a PM.

This is a good opportunity in a strong market, and with your excellent credit and HELOC funds, you’re in a great position to make this project happen.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I am trusting you have it set up with a service.