Joe has the same opinion as me.

Greetings all, I was hoping to get opinions and advice here.

exactly Chris Clothier made a good point on another thread where his opinion is any cash flow first should go into reserves once reserves is in a good spot the remaining cash flow should go to principal paydown.. 

@Doug Bontragerfind a good property manager and get their opinion

That's a very fair proposal in my opinion and I would definitely have your contractor do it as opposed to someone else's

The rehab estimate seems very low and the ARV seems really high in my opinion, just based on a tiny bit of research looking at what this property was listed for recently (it hasn’t sold), and what the surrounding similar properties are worth (~$250k).

I'm interested in everyone's opinions on using a HELOC to purchase turn-key rentals for the short term and covering principal paydown across all new mortgages / loans ( HELOC ) through excess income. 

The best advice on this topic, in my opinion, comes from 2 books:How to win friends and influence peopleNever eat aloneI am also looking for brokerages to work with or even experienced shadow / intern for to gain experience and additional knowledge.

You got stiffed a bit in my opinion. 

I dont have any experience in this market but have looked into it a little bit, I know that you can get the houses pretty cheap there but my concern was with the long term appreciation - I dont believe it is a highly desirable place to live and so there wont be much appreciation -however that is just my opinion and I really didnt look into it much,  I think it would be a cool place to live as I go to Monterrey all the time, but its hard to say.