It seems like inventory is low nationwide, and good deals for duplexes, triplexes, fourplexes are hard to find. 

We all work remotely and nationwide.

Most lenders that lend nationwide will not offer something like this.

if you want outstanding weather, diverse environments within a 1.5 hour drive, beautiful ocean, beautiful mountains, beautiful desert and are willing to have low income to housing costs for these items (the sunshine tax) then San Diego could be for you.  

Of the nation wide lenders, rates don't deviate more than 25-50 basis points and at any given time a different lender can have the lowest rate in the market.

.- most helocs are  for primary res  homes  ....rate is  varaiable ....tied to the PRIME  rate plus an index  in the  0-3% range ....prime  increases when fed  fund rate increases ...prime is at  7%  ..so  7% -10% range ...payment is  interest only of outstanding balance ...you can use it as  needed ....there  may some lenders  that can  offer helocs on rentals  ...but not many 

We typically use a nationwide preservation company to set it up if you are not local.

For example you would get 70-75% of the ARV (depending on lenders seasoning requirements) and would keep any amount over the outstanding loan for the rehab + closing costs.

With construction costs rising and the labor market struggling to find suitable workers with the experience needed to deliver outstanding projects, it’s challenging to be a commercial developer.

There are multifamily  meetups virtually every week and people nationwide are in these groups and attend these meetups.