I've been reading and researching about REI for months now. seriously been so excited can barely sleep at night.

But yes, what is the benefit of a HELOC as opposed to just the regular home equity loan for investment purposes?

I use the selling guide on a regular basis to research current or prospective purchases.It might be helpful in clarifying a few points that may contribute to your general misunderstanding.

My husband does appliance/plumbing/boiler/electrical repairs, turns apartments, does inspections, deals with contractors, and troubleshoots on a regular basis.

But I told him it happens in the Hood's of America fairly regularly.

You may need to close with a hard money lender and the refinance with a regular institutional lender.Cody Cox - PresidentNorthwest REIA

They haven't quite decided how their going to deal with new landlords, as they don't have a regularly scheduled class yet.

We got complaints about downstairs could hear everything and can't sleep.

There's so little inventory regular retail buyers are buying houses that need work, because it's all they can find. 

The web site is something that I can afford to have done so I can continue doing more important tasks to find deals.Mailers, answering the phone, wife 4 kids, mow lawn, part time job, driving for dollars, podio, probate listings, Excel files, chess, video games, $$$, call leads, oil change, eat, sleep, breath, omg kid again, twice in one night, how is that even possible. lol Yea you know the drill.