Welcome to the site @Matthew!

Is this a syndication type investment?

Your automation metrics will depend on your scale.It's one thing trying to automate for around 10 doors vs 700 doors.

This allows me to charge premium rent.

We've seen our area MLS which covers about 20 counties come down to an average sold to list price ratio of 95.1% and Knox county specifically has come to 96.4 % which is lower by about 2% from this time last year and down from our peak this year of 98.5%. but it's about in line from winter 2022 into spring 2023 which was a time when rates were rapidly rising.

With over 20 years of real estate experience, I’ve helped thousands of investors navigate this exciting world.

Most lenders do not offer HELOCs on investment properties, so it may be difficult to find this product. 

I have a friend who has 50 such doors in this market.

That safety net can ease the fear.Tap Your Network: Got a mentor or someone in your circle who's done this before?

After the rehab the ARV of the 4 Plex should be around 650k and I will owe the hard money lender about 160k.