Are you ok with being cash flow negative at different times of the year?

No experience, no cash, so why are you doing this?

We are planning to occupy there for 1 ~ 2 years and looking for cash flow after we leave. 

I am new to indianapolis market, looking to build my team and maily need good investor friendly agent right now. my goal is to buy here around 5 assets a year for rental, in the price for about up to 150K cash per property.Thanks in advance for the answers :)

Quote from @Todd Goedeke: @Dan one My investors have us build them properties for their passive high cash flow of 17%+ cash on cash return.

Purchase price: $162,000 Cash invested: $1,460 Sale price: $272,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Seth Choate, successfully completed a deal on N Pasadena Ave, Waterford, CA.

You could however at any time do a cash out refinance that will help you pay off the heloc as you said.  

Purchase price: $36,000 Cash invested: $50,000 Sale price: $275,000 Bought a house, fully intending on living there.

You can skip trace the addresses using a tool like propstream as mentioned, give them a call and ask them if they'd be interested in an all-cash offer on the property, don't get into the fact that they are behind on payments, just ask them if they can use cash fast.

@Cameron KlosterLooking for cash flowing assets.