I am happy to provide insight as I work extensively with foreign national investors in the US.

As the popularity grows and people become more nomadic, I think we're going to see more and more of this.

The cash flow borrowing full cost via heloc will be marginal, possibly even negative if using realistic expense estimates (I.e. something near the 50% rule).  

These days I rarely get all the capital back so I have to come out of pocket a little, but I’m still much better off than just putting 20-25% down on a property.

If you are renovating your rentals you need to let the current insurance company know what is going on, if they send an inspector out there within the time you could get kicked from the policy too, and not easy to get back on one.

If you are going to get a conventional loan, you must buy the property in your name.

@Erica ArceCould you have a written agreement directly with the wholesaler that outlines your fee for bringing a buyer to their deal?

He has helped me with some creative financing and outside of the box strategies in the past.

When deciding between them, look for flexible memberships, no high-volume minimum, and customer service to help walk you through the process.

You reinforced my impression of the local market.