It will familiarize you with the basic terminology and benefits.

The investment is not the month to month cash flow, it's literally the asset itself.  

If I pay off the first lender, how can I foreclose on the property using the total balance of both loans.

The problem I ran into was that most buyers that wanted to do it, couldn't bridge the equity gap and the sellers needed the equity to go buy the next one.   

Visit the property and learn about various renovation stages, gain insights from our experienced investors / speaker, and learn strategies for evaluating deals, managing budgets, and maximizing ROI.What to expect:Property walkthroughsReview before photos and discuss transformation plansDive into real deal numbers—costs, profits, and challengesNetworking with industry prosOpen Q&A session to ask anything about the process

Go with any of the above sources.

There isn't enough information in here about the current state of the house to be able to advise you, but I would think #3 is a definite no as it seems unnecessary from a cost perspective although that market has scale to accept it.

Hello Ralph,Yes you can used a HELOC from another property as a down payment for a new one, then get traditional financing on the remaining 100K. 

It all comes down to picking the right areas that work well with your personality and attract the type of clientele you feel comfortable working with. 

This will provide you two benefits:1) Help you better define the position, so you can hire a better matched person2) Make training the next person easier