Even though rental properties can be somewhat passive, there are still things to keep an eye on, like collecting rent, making sure utilities get paid, ensuring property management is doing their thing, etc.

If not, you will have to utilize hard money which will drastically increase holding costs.

(prorating utilities by tenant head count for instance). 

Lender that can help me utilize HELOC to get me started and then help me grow my portfolio through BRRRR in PNW. 3.

Everyone on here is saying that you can do it, but it's definitely not possible if you don't have a lease in place on the unit you are currently living in or can show you are living somewhere else with a utility bill or rental lease  to demonstrate that you are not intending to live in the subject property.

Further, how can you enforce collections if you're not a utility?

Other than outstanding taxes, and utilities, I don't need to worry about anything else.

Hey BP, I’m on the verge of starting a month to month, furnished rental (traveling nurses being the target audience), and hoping to connect with investors that have utilized a similar strategy. 

I'm going to utilize this intel.

Additionally, if you onboard a new units during the 1 year mentorship you can utilize the team to help you be profitable from jump street.