I went to an event recently & it was so much worse than just than 7 years ago (might be related that Jonathon was his top coach then & trained the other coaches & now Jonathon is not there).McCall is a complete waste of money. 

The PM company needs that information to complete your annual 1099 and their 1096 to report the gross rental revenues received on your behalf.  

I don’t completely understand how I could best put my money towards a rental property or fund one with the income that I am making.

Here are some tips to keep your projects moving smoothly and scale up:Managing ContractorsControl Payments: Break the rehab into phases and pay contractors as they complete each phase.

Draws are almost always held back until you reach certain points in the project or that work is completed.

.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.  

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.

Then the other one has been completely silent.

It is worth noting that this is a completely different product from Sean's.

You’ll want to get loans from local banks and credit unions but you may run into issues with more limited features.