But at least you can know what you are getting into.As @Brian Adzadi pointed out, you want to make sure it is up to code, any renovations were properly permitted and professionally done, and that there are no violations that can surprise you down the road.

Make sure you are using professionals at asbestos remediation.

Consumers still prefer to work with a skilled professional because of people touch, and local knowledge which can not be replaced by technology or automation alone.Sam Shueh Realtor

So basically they are saying loud and clear they dont want any professional investors utilizing their HELOC only the accidental landlord or aspiring RE investor.None the less the product is stellar.

You'll be able to hire professionals management and will likely get a lot more appreciation in the coming years (while still only buying something that cash-flows).

Best way is to talk to a CPA or tax professional.

I don’t get calls for repairs and I know my investments are with experienced professionals.

You would need to contact several real estate professionals in the area and make them aware of what you are looking to do.  

I'd recommend you work with a tax professional to make sure everything's done right because it just gets more expensive to fix things later on...that whole "ounce of prevention" thing.

Disclaimer: I am not a professional electrician.If the local requirements mean you need more than a couple of them, you can get multi-packs of them for a little bit cheaper.