A HELOC is a great tool and just as people mentioned above it has pros and cons to it.  

And it takes hours…  This process could probably be automated a bit using some visualization tools in Python (software scripting language).  

“A/C was stolen”: be careful, as soon as you put down a new A/C it might get stolen again the first night after you put it in, just like tools and materials during rehab. 

I really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThe site has quite a few tools that can be helpful for new members.

I saved wht I trid to post, it was clean of any references.I'm sick of BP shutting down trying to post content like I like to use this RVM tool abc.com. and getting the post blocked!!

And what tools do you use to do background checks and credit score?

I'm sure there are many others smarter than me on here though with some better tools.

Property Managers use platforms as tools to manage properties for folks like you.

. / VAC. as recommended in the BP calculator.Long term buy / hold strategyAfter Refinance Analysis: (includes CAPEX/MAINT/VAC)NOI = $29,592   COC = 15.9%  Cap Rate = 8.03%  Gross Rent = $3600 month    Expenses = $2710  (includes reserves)Monthly Net Cash Flow = $889   5-YR Annualized = 22.53%BP Community Questions:Is there a more appropriate analysis tool I can use for long term buy / hold new construction?

Making $500 a month and the place don't appreciate in value...Forget that headache i wouldn't bother investing in that.