Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Brandon Turner outlined this method in one of the older podcasts and there are previous posts in the forums.  

BRRRR out of your flips is great way to keep some of your properties! 

BRRRR or flips or a mix of both?

What strategy are you most interested in—flipping, BRRRR, wholesaling, or perhaps Airbnb?

I've done various methods and would be happy to connect and knowledge share if you are interested.

Under this method each investor has ownership and voting rights.

They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.

I assume your wish to use a HELOC is to avoid paying interest when you are not actively rehabbing a BRRRR.

Or are there other methods you’d recommend that could align better with my goals?