Also, financing is a process at times, so are you willing to go refinance 2 times per property?

NV is much more affordable and with soaring growth in the Reno/Carson areas, you’ll find great opportunity for both equity and cash flow! 

If so, are there any in the Houston area coming up that anybody knows of?

With luck of timing and the market soaring over the next two years I would have been able to refi and pull almost all my capital out, but due to the move to TN I sold.

Comparatively speaking, if you were to go buy a home off the MLS with a $120,000 purchase price with 25% down payment, that would be $40,000 out of pocket (25% down = $30k + $10k in closing costs).So are you $5k better? 

Even if housing prices fall over the next couple of years, it's a safe bet that at some point they will soar back even higher then what we are seeing now.

So are you saying It's possible to get the HELOC, but after the renovation and appraisal when you are going to get refinanced, they could deny you based on this  debt/income ratio? 

If their story is hinky so are they.

As a Michigan Wolverine it’s hard to get myself to invest in Columbus 🤪 but I know it seems to be growing like crazy and so are the cities outside of Columbus so it’s something I’m going to research more.

So are the cracks superficial or something structural?