First, realize that at 95% of the current value of your home, if you've fully utilized your HELOC funds, you now have only 5% equity in your home. 

I work in the student loan servicing industry, and my company was recently bought out by a competitor.

In 2018 I look to utilize 203k's to purchase duplex, triplex or fourplex fixers and house hack, particularly in the Oakland market. 

Utility costs?

Then the Manager needs time to pay any bills on your behalf (e.g. common area utilities on a four-plex), deduct their fee, and pay you.

No way the rehab is just 10K.Well my little silly bunz, I am hoping I can expose the brick and leave electrical in metal conduit, making this the very sought after "industrial  look".. much like .. so:I just not sure if the inspector will let me get away with this.

@Gray CatoYou're welcome.Here is a gameplan if you want to use direct mail to find deals:1) Attend your local REIAs and network, you need to build a buyer list of investors that will buy your properties and network with other people in our industry.

Im a licensed real estate agent (this year) and got into it by listening to bigger pockets podcasts and wanting to dive into the real estate industry.

Spread the word among professionals such as social workers, physical therapists, occupational therapists and speech therapists.Kudos for thinking about those who are presently under-served by the hospitality industry! 

Thanks for the great forum here & I look forward to making connections and absorbing and utilizing as much knowledge as I can!