This is a significant down side to me as a long term investor as it basically wipes out your cash flow. 

I will also admit at this point we are comparing apples to light bulbs since RentRedi was only costing me $59 per month and DoorLoop will cost $200+ per month and for those that have a lower unit count and only need basic services the RentRedi cost should outweigh the beta tech.

Steve Morris, that was a long post just to basically say wholesalers are shady because they aren’t realtors or brokers.Obviously wholesalers work a LOT differently than a broker or realtors.

Windows would be my next check-point (less than R1) and then wall insulation: I would not be surprised if they have no insulation inside, but you can do blow-in, which only requires a small hole.A home looses heat in two ways: heat conduction (which you can slow down with insulation) and drafts, which in old houses is usually the biggest culprit.

You are basically saying somebody is willing to front the entire risk while you keep 50% of the spoils.

I mean one family on one home i bought basically stripped down to the studs .. everything was gone by the time I got them out. 

Basically, flip partnerships suck unless you spend a long time being clear about the roles and payouts, etc.

The plan is to use the heloc to purchase additional properties, and basically brrrr and pay back the balance - then repeat.What I didn't realize is how difficult it is to find a business heloc.  

Basically, you can't STR an entire home here, or even an ADU, and can only STR out a portion of a home that you reside in.

You are basically asking how to wholesale, but that's too long of a question to answer.