I completely agree with @Ashish Acharya's points about the cost-effectiveness of a HELOC and the potential credit implications if it’s secured by your primary residence.

As a property management company in Washington, we help owners navigate these challenges and optimize profitability if they want assistance analyzing their property or planning future strategies.

. - You will be at risk of breaking the law, as many states are creating laws that effectively ban wholesaling, and while wholesaling gurus claim that this is not the case, they are either lying or deluded.

It’s clear that there’s an incredible wealth of knowledge and experience here, and I’m excited to continue learning and growing with this community.I’m looking to connect with members who are open to mentoring or collaborating on real estate deals, particularly in buy-and-hold strategies for single-family or multi-family properties.

@Samuel Kim - please contact @Chris K. privately and allow him to show you how you can benefit from this wonderful strategy that he implemented for his many health professional clients.

As you are finding out, it is so local that the next door building effects your investment. 

Do you have an idea of your strategy for getting started?

It's tough to give a definitive answer without knowing your specific investment goals (cash flow, appreciation, etc.) and preferred strategies (BRRRR, wholesaling, etc.).However, since I'm a Cleveland native and active in the real estate market here, I can offer some insights on why Cleveland could be a good fit:Affordability: Compared to many other major metros, Cleveland offers a relatively low barrier to entry.

Tools like the BiggerPockets calculator and books like The House Hacking Strategy can guide you further.

Applying a value add strategies can get you to much much more equity rather quickly.