I am brand new to the idea of using real estate as investment.  

I like the idea.

Hi @Collin Schwartz I have 2 main goals at this time:1) Network with like minded investors in the Metro Area to share ideas and best practices with.2) Identify key partners where I can leverage some sweat equity for equity share right now and when my own capital is freed up, a partner that I can invest with and split the work.#1 is of highest priority to me, #2 will depend solely on the relationship that is built and the deal at hand.Thanks for the reply.

David Gritz Maybe some bad timing on the question with live news coverage but I'll throw out one idea.

This is a great idea!

Have a few options for financing and like the HELOC idea.

The tenants are very laid back and I have ran these ideas of updates by them and they have no problem with it, especually considering they are paying for heat and this will deduct on their cost. 

I really like the idea of buying a property and getting some stable cash from it, that is why I am thinking a multifamily property will work great for me.

The idea would to be live in one of the units and rent out the other units in the house I purchase.

Where we are in the market right now too isn't a great spot to lend to the idea of massive appreciation on a property you buy (prices are already high).