Talk to a few people there, they are a helpful crowd of like minded people. 

Having owned property in rockford its not a great appreciation area so getting a HELOC will probably take 5-10 years based on loan pay down and maybe some slight appreciation.

The expansive backyard is an entertainer's paradise, boasting a sparkling pool and a large green grass area ideal for outdoor gatherings and family fun.

Our rehab cost estimation comes from researching the area and talking with local investors that have similar properties. 

Then when those "scary" areas become gentrified...

I will keep Detroit area in mind.

That's most likely going to be a C- neighborhood or lower so there could be more perceived scale to BRRRR, but a tougher decision on how to renovate at that price point and possibly harder tenancies.I would get to real estate investor meetups in your area.

I have been struggling finding fair priced reliable contractors in my area.

I want to find something local (Los Angeles area), move in, do small renovations to possibly build up more equity, do a 1031 exchange, and find something better. 

I’m looking for a property manager for a single family residential property in the Minneapolis area.