I am in the process of closing on my first buy and hold.

They most likely will be able to process the HELOC with 2-3 weeks (normally).  

We also help you through the entire process of the rehab and resell so everything goes smoothly for you.

We're in the process of building our team so if you know of any good GCs, attorneys, etc. feel free to share.

In the process of getting vendors lined for the condo project we found a great connection for a particular building material at 1/3 of the price I could find for anywhere near us with great quality.

@Matt McConkey   The eviction process in Texas is pretty simple and doesn't take months.

Its a LONG process but it will be TOTALLY worth it!  

This doesn't concern me much as the purchase can be contingent upon inspection which can be done during the escrow process.  

At this moment I am looking into turn key real estate company to get started and to learn process as it goes.

The last 3 times I have gone to the foreclosure sales at the courthouse steps in Lee County, Alabama, we had observers from auction.com to see the process.