I have a single family deal lined up now that I’d advise any investors new or seasoned to check out.

Look up ideal existing performing properties, your "hero's" as it were, find out who own's it, and reach out to them. 

I would recommend you begin researching Chicago based meetups as there are a bunch of really good ones.

Any luck purchasing 10k "Condemned" & "Burn Out" Homes?

Any luck purchasing 10k "Condemned" & "Burn Out" Homes?

Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).

@Rosette PooleRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As a first time investor looking to make the first purchase on a multifamily home in and around the city of Columbus, OH, within the next 2-3 months, I wanted to ensure I have all the information I need to be able to quickly and efficiently analyze and decide on a property worth investing into.

Is this considered a HELOC? 

You will have to check your local laws but I am not aware of a requirement to post to the MLS.