Don’t use online resources as a primary source of data to base your decision making on when investing in RE.

@Nicole Heasley If you are looking to purchase a single family home as a primary residence you can get away with as little as 3% down.

I can go cash or traditional. 

I applied for a HELOC from the same bank that holds my mortgage on my primary residence.

It claims to be able to identify prime areas for your needs, and show cash on cash returns for both airbnb and traditional. 

@Wayne Brooks @Kim Martin I encountered with a property in TN under foreclosure by the bank and I've been told that for a period of 21 days I, as investor, can not bid on it (fiest dibs goes to people who will gonna use it as primary residence).I guess this may change on case by case scenario.

You should be able to pick up several properties before a traditional lender starts to flinch at your application.Todd

@Teal PriceIF you want to go back into any kind of investment real estate - 1031 is the answer.If you don't want to be a real estate investor anymore but can be patient - then sell, 1031, buy a nice house, rent it for a year or two and then move in as your primary residence. 

Where I need advice is - my primary home is fully paid up so I have a good amount of equity, should I pay for the rental property completely using my home equity or should I only take the down payment from the home equity and get a mortgage on the rental?

Currently uses Windows Desktop as primary computer.