@Jordyn Ohs Assuming your heloc is re-advanceable and the rate is higher than your mortgage, I would suggest you pay your HELOC down as quickly as possible with any cash flow from the properties.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

Those 7 years were cash positive, but we just weren't making enough cash flow to make it worth the trouble. 

If you are in the Wilkes-Barre/Scranton market, you used to be able to get duplexes for $50k to $100k and make it cash flow quickly.

We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.

As rental rates increase, cash flow becomes strongly positive.  

Which one is more appealing - continuing to own the house or the security of that much cash/liquidity?

Despite all the challenges and total *****how unfolding, I will say that I do believe Jorge is genuine and really wants to successfully get through all this. 

Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

I specialize in working with other investors to find great deals that meet their cash flow and appreciation goals.