Not to mention they wrote of over $300k worth of taxes for me utilizing a cost segregation study. 

All too typical park owner who took all the profit out of the park without reinvesting in the business then wants to sell you the potential he was too cheap to invest in. 

Most likely raising funds from passive investors would utilize a Reg D 506 b or c safe harbor exemption from registration.  

By utilizing section 8 income we will turn it into a property that is insured beyond belief and make over $ 418,000 gross $320,268 net.

Just a follow up question, were you utilizing debt to invest, I have always been taught since a young age to try and not utilize debt (I come from a family of stock market investors, traditional business owners) where debt is not utilized as frequently which I obviously understand debt can be a very powerful tool and utilized in a great way its just something I want to avoid with my investments to an extent any suggestions for investing without debt or as little as possible. 

I plan to put a $600 utility cap in the lease.

If all things are the same a 3/2 will command a higher price than a 2/2, and typically as a property gets more expensive the average length of stay goes down.4.

Does this strategy utilizing HELOC really work on saving money and paying off mortgages much quicker?  

Studies typically cost $3,000–$5,000 but affordable DIY options (around $400–$500) exist for simpler properties.

Still up to me to properly utilize it and get the deals contracted.