@Patrick Braswell Got it. just didn't want you to spend all the time working with your family members if the bank won't approve a HEL.

I have the same dilemma and can't find a rock solid tool without spending 100's of hours building mine...much appreciated.

That is the decent (and courteous) thing to do, so that others won't spend time to write an answer, and so that others who search out an existing topic can see that answer. 

That’s why the successful wholesalers and flippers I know spend $10,000 and more MONTHLY on marketing.  2.

But I generally don't find that clients need to spend that much money on the process when some simple coaching can make them comfortable in their search.

Happens just about every year in the Southeast with hurricanes- I usually spend the day after the storm driving around taking pics or coordinating inspections of properties so that my borrowers can close.  

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.

Originally posted by @Nicholas Herrera:This is not how I meant to spend my night.

Spend a little more money than you might have been planning to, buy in a better area (i.e. not a “turn key” 100k house off the mls), and self manage.