Personally, i would be cautious telling the majority of experienced owners/hosts they are wrong without rock solid data and evidence.https://www.biggerpockets.com/forums/530/topics/1155394-have...https://www.biggerpockets.com/forums/530/topics/1155264-afte... 

So the major issues in a house are a foundation issue or a structural issue, the next tier down would be a mechanical issue like Electrical, Plumbing, HVAC, then roof - which isn;t an issue a new roof is very common in a fix n flip, and then the outside facade: Brick repair, driveway repair, brick pointing. 

It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.

2 unit house 30 year FHA 6.6% major renovations (roof,bathrooms,kitchen,etc) home has appreciated 397k when appraised to 550k zestimate (similar comps in the area are 500k).

Since we're In a college town, a majority of our travel demand revolves around the Texas A&M University and the university's events.

If your'e looking for purely long term appreciation you will likely do great in these markets but if you're looking to have high cash flow and avoid a potential major pricing downturn.

I made my offer on the first day of a major price drop for the 8 unit.

Using a heloc as 1st mortgage really only has a major benefit if you have idol cash sitting around from your paychecks. 

The house, built in the early 1900s, was outdated and required major renovations.

Quote from @Paige Corsello: Hi Bobby, the majority of my business is in Pittsburgh, PA and Florida Paige I can go 80% cash out in PA In FL I can go 75% cash out and 80% rate and term