Mistakes made at the acquisition are made up for over time. 

Your investment has to net you more than your HELOC interest in order for it to make sense.

Purchase price: $1,600,000 Cash invested: $1,600,000 Residential Home used for reality Television filming What made you interested in investing in this type of deal?

So far, it is a match made in heaven!

I however have an "order of operations" I think most people should follow when it comes to investing.

There is still good money to be made in AZ, FL, GA, TX and other states, however, picking the right submarkets is key.

I currently manually enter into excel with a spreadsheet I made (formulas etc...). 

This will depend on what the appraisal comes back at (the appraisal generally needs to be ordered through the lender), the rent schedule or actual rents if a DSCR loan and the fees on the loan.

This means that in order to live off of cash flow you need to have A LOT of properties/cash flow so that if a couple of properties underperform or need repairs you still have something to live off of. 

I made a 62% return on investment when sold for $280k What made you interested in investing in this type of deal?