Seth, 80k in the right market is more than enough. 

That's a good example of a 'healthy' mortgage market albeit fairly astonishing that banks would consider the revenue data accurate and consistent enough to lend on.

While Orlando is a huge STR market, I'm also aware that it is currently a tough and saturated market. 

I still haven't gotten the link for the new portal so I can't see the lease for the tenant and I haven't seen any money come in for August rent (PM get full first months rent so I wouldn't have gotten anything for July).In June my PM found me an off market deal and his contracting business is doing the rehab (which he's done for me before).

On wholesaling that is just transactional real estate with income that is taxed at the highest level and to be successful at it one needs partners or access to pretty decent amount of start up money to afford the marketing it takes to get your leads.

You probably have heard to join the local REIG as what you will find from the courses advertised everywhere anymore is that they offer general information that in many cases does not fit your market or state requirements. 

We have seen this first hand in the Chicago market as well.

The market rent needs to be around $1,800 per side and no more than 2k a month (depending of finshes) I'm having a hard time getting someone to nail down a price on construction cost.

With the economy and market as they are, should I continue aggressively paying down the HELOC to potentially borrow against again or should I just pay the Interest Only (IO) payments and seek other funding at the current day higher interest rates?

I live in a cheaper market with a lot of sub-75k properties.