There are fees associated with going to Real Estate school, obtaining your license, joining the board and MLS for your area, getting proper E&O insurance and so forth. 

.: There are sources to obtain the financing you want to buy more property.

There is no point in looking at a home that can not reasonably obtain a permit.

So far, I have been fueled by passion and determination but I do not have any mentors and have not had a lot of guidance at all as I have obtained these properties.

This is our boilerplate language:Insurance: Tenant should obtain a renters’ policy of insurance on their personal property.

However, our goal is to help 100k investors obtain financial freedom - hence the reasons why we provide many videos, podcasts, programs, and services to help with this journey.Unfortunately, we cannot promise that every deal we help you get under contract will close.

The foreclosure would be finished well before I could even begin to start rehab, obtain permits, get a certificate of occupancy and find a tenant.

Then any rental income you could obtain from that property could be used as an income source for loan pre-qualification.

In other words - if you do not cashout refi either the new property after rehab or the existing rental, then where will you obtain $100k cash to pay off the heloc? 

I was hoping someone might have some experience in this market to know how challenging the process would be to obtain the permit.Thanks for your input!