Here in the states I would not have gone to college.The secret, easy, find a program in Europe that accepts international students and convert you degree to the US system.I am from Spain, I have lived in the US for the last 4 years.

I want to purchase the house with the HELOC, then convert that HELOC into a mortgage to make those $18k funds available to maybe purchase another house.

And if you go to a bank, if you have much better credit, you can get much better rates and terms and get a rehab to permanent that converts from one kind of loan to another once it is renovated.Hope that helps.

Some basement finished space like a rec room  is also a plus if the basement does not flood and is easily convertible. 

Thus, if you have rentals and you really want to fund retirement plans with rental cash flow, you have to convert passive income into income that is subject to Self Employment taxes.

Now need to convert over to commercial financing with much higher rates and shorter amortization schedule which appears to be making deal a no go either way. 

It’s finding the bank that will see that we’ve used our $100k+ Credit cards responsibly and convert to LOC

Converted the apartment to a full time rental property, up till now, where I just got this feeling that it's likely better to sell and re-invest elsewhere than to keep it as maintenance costs are starting to rise, and the complex's neighbors are starting to degrade.As a result, I think I'm about to get thrown into the deep end of having to do a 1031 transfer as a first play into doing RE investment, so there's some sense of urgency as well, which is not comfortable.I'm by no means a pro, and by day I'm a full time manager at a startup, running technical sales.

Then, you need to figure out the cost to convert the whole building to electricity and determine by how much you'll decrease your energy expenses in order to make sure you have a positive ROI. 

Even a fixed mobile home on owned land that has been legally converted to real property still has a depreciation schedule wildly different from the overwhelming majority of real estate situations.Secondly, you say that CoCR cannot handle any scenario beyond the first year.