My plan is to house hack the first year and then rinse and repeat.

HELOC bank doesn't want their line used as a term loan on real estate they don't have collateralized and the bank that you apply for a loan for doesn't want your down payment to be borrowed.If you wanted to get the HELOC for home improvements then decide to draw on it for liquidity, had it sit in a bank account for a couple months and then applied for a MF loan and used it as the down payment, you'd have to answer no to the question, "is any part of the down payment borrowed".

No need to work on that right off the bat, you should be spending your time learning, networking and analyzing deals, then start looking for that first deal!

once you have a property under contract, then you need to quickly get in front of buyers.Post in Facebook ForumsAttend Real estate eventsPost property in myhousedeals.comSearch in google for other investment companies and call themFind a list of cash buyers near your property , do a skip tracing an call them

If you are unable to reach an agreement, then the State will launch an investigation.

I would recommend keeping the first few deals simple, then when you want to get into the bigger deals with the development of new ADU you have some experience.let me know if I can be of more help.  

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

If the account executive or loan officer is constantly saying, "Let me circle back with you" or can't answer underwriting questions, then that is a problem.

The 1st month rent needs to then be paid 72 hours prior to lease start date.

Sell, pocket $200k in equity, appreciation since they bought it, bank 25% for a new deposit in a year once they repair credit, buy two new second hand cars because they need them, pay off credit card debt, put a little extra to the side for increased rent payments for next 12 months, and reorganize to buy in 12-18 months... now they see the light, a chance to move forward, to not stress, and they're lucky the market increased so much... but if they struggle to keep it, struggle to make payments, then 10 months realize they need to sell, would they have as much equity, maybe, maybe not..