My brother and I are partners in a successful flip company for the past 10 years in the hampton roads area of VA.  We are looking to expand our business into multi family properties and would like to get involved with...

What is the cap rate in your area?

If you're looking for appreciation, Columbus is the place for you, with appreciation rates generally between 7-17%.

I would say the difference is largely a question of which is the better interest rate - the heloc vs the rental mortgage.  

If rates remain higher for longer or go up, then maybe best to wait. 

This, however, changes not only from county to county but also by neighborhood, zip code, school district, etc.Another change we are witnessing in real-time is increased seller’s concessions, which can go towards financing closing costs or buying down the interest rate.

I am not willing to put my credit rating in the hands of a tenant. 

I already was in the business for a few years when I went to a meeting for Renatus.

Quote from @Christopher Davis: If she is an "Affiliate Broker" then it means she meets the requirements of owning her own brokerage, but she is currently working under another Broker.Look, it's real simple.

Your interest rates are often higher for a non-owner occupied home  than for a personally owned home as well.