New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one of the many situations one might find themselves in.In this scenario I wanted to ask if a HELOC on either your primary or an existing rental property out of 4 total properties would be a viable strategy for acquiring practically " turn-key " Multi-Family rentals?

Can anyone help with this? 

-What tips do you have to share? 

We added some instant value to this one, changing fixtures, adding accent walls, and altering kitchen cabinets.

Considering some SFR properties in Cahokia / Cahokia Heights, Illinois and looking for some recommendations on inpsectors in this area that do a good job looking at multiple properties

@Johnny Smith this response is good.

The ability to do what you want, when you want, and have money coming in to support that.Things to work on: savings, credit, going to local real estate meetups, listening to podcasts, reading books.

Thanks for the heada up on this issue. 

My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side. 

If you have experience renting to FEMA can you help us know what to expect on questions like this?