This is exactly what I do in different locations (glamping).

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.

I am new in BP, and I am looking to understand where I start with learning about REI.I currently live in New York which it's not a good place to start investing.i know the difference between STR,MTR,LTR....

Lastly, you won't be able to HELOC (or any cash-out equity) and 2-4 unit property in TX while it is still your primary residence.

I bought my first two rental houses with a combination of using a HELOC on my primary and using my retirement $.

At this stage you're probably better off investing that extra money into your primary business activity.What part of CA are you in?

It's no different than their 2-year, low interest rate teaser houses.

There are probably a thousand different cities across the US that are still producing great cash flow.

You are effectively operating a hotel, which is a business enterprise with very different risks and hazards to insure.  

I currently operate in 10 different markets across the mid-south and mid-west.