this isn't an option for everyone based on family situation and lifestyle, but I know multiple people who have sequentially house hacked their way to a portfolio of 5-15 units in 5-10 years simply by using their monthly housing payment.

They are likely in violation of the lease agreement in this moment and you can evict based on one of those issues. 

Some of them list training as a service.  

The deal was valued based on a recent sale of the local Holiday Inn, (only real competition for us) which also needed to undergo renovation.

Condo Heloc could be difficult with recently being listed for sale..check in with @Joseph Chiofalo he's a South FLA based lender and they have DSCR and alternative income bank statement second position programs..they also do mixed use and 5+ units commercial lending. 

Hello everyone,I'm new to this community and currently based in Madison, WI, where I plan to invest.

Based off a quick rental search I can see that the property needs some more work to get rent ready.

Let's break down your equity based on your numbers:Property 1: 6.5% return on your equity (yearly cash flow/Equity)Property 2: 6.08%Property 3: .88%  Property 4: 2.09% Property 3 and 4 are definitely too low of a return. 

Learn about your individual local markets based on your desired home.

So I used the company he suggested in his videos: Prime Corporate Services; I paid them and they set me up with 2 separate LLC’s; one in WY for anonymity and one in PA where I reside, but besides that I know nothing of what I’m dealing with and from what I’ve seen on these threads is that I screwed myself and just made my life more difficult.