For example, Lebanon has comparable rents to places like Lititz but with fractions of home costs.

For example, investing on the south shore may offer affordable property prices, but it may also come with high crime rates and a less stable environment.

I typically book cashback credit card rewards as a DR. to Cash and a CR. to Other Income.

The ironic thing is that in some resort/highly desirable locations where the cost of housing is high, when STRs are banned, the houses in question typically get bought by people as a second/third/fourth vacation home and then let it sit vacant. 

Multifamily rentals help add the extra protection against vacancy and they typically always debt service themselves.You can also focus on amenity style homes or locations to increase your STR ROI and focus on either turn key or TLC properties to speed up the ARV potential.

What are typical down payment requirements?

@Becca F is a good example of that in her big post.Your better bet is to go after a really high quality properties--maybe not Cali--but other areas like Tennessee, Carolinas, pockets of Texas, etc., if Cali is too rich for you.

We paid the HELOC down as we refinanced and then with cash flow.As long as you're cash flowing on the new acquisitions you should be able to put that profit toward paying the HELOC even if you aren't getting all of your capital out initially.Happy to talk examples of what we did in Detroit if you want to connect.

For example, my first property in Seattle was a $350,000 property, separating the land value ($150,000) from the improvement value ($200,000) enables an annual depreciation deduction around $6,000 over 27.5 years.

Softwares can have differing "freshness" of data based on locations they support.For example, one software may update their pre-foreclosure list for Akron, Ohio 1x a week and another 1x a month.