I have a VA loan available to me, and a modest amount of emergency savings, but that's about it.

If something is not time tested and is an emerging area it does not mean you should not engage in it, but you need to understand and be willing to accept any potential risks.                  

Accounts unpaid by the ___ will be subject to eviction procedures and additional late fees.Pay Rent to: "_____________"Maintenance Requests: All service requests, except emergencies, need to be made in writing.

Not much communication from them / and then they relayed they would be applying for ERAP (Emergency Rental Assistance Program).

I definitely think there is opportunity for a BRRRR in several of the emerging neighborhoods around Columbus.

A diverse work force, addition of people relocating, Atlanta's emergence as a tech hub and relative cost of living in comparison to NY, Chicago, LA, etc. make it a desirable location for folks who are looking to relocate.

All I would really need is a good, reliable cleaning service and a management company that would work "on-call" for emergencies and handyman related items.  

Always keep enough cash on hand for emergencies. 

In this situation you are going to be better off starting from scratch by getting them out and starting new or selling..... but be prepared for some heavy renovation costs if it hasnt been touched in 16 years It looks like a fire hazard and he is blocking the gas meters and emergency gas shut off (less than 3 feet clearance). 

I would like to use a HELOC as downpayment and rehab funds on properties between $50-120k, and then maintain my $25k liquid assets as emergency/operating funds for my deals.I have looked at getting a HELOC from Navy Federal Credit Union as they allow upto a 95% LTV on a variable rate HELOC.