Anyway, I'm wondering if this should be an immediate no go or if it's still a deal to consider further?

But I am wondering if it's still going well?

If you are renting to college students, I would suggest having a parent sign as guarantor for payment and make sure you run their credit report as well.

Would you guys suggest taking out a HELOC.

Any suggestions?

I was hoping folks has suggestions because I kept running into dead ends because the physical bank location of the online bank platforms need to be in the state to follow the rules for MA. 

This is time sensitive, appreciate any suggestions.

I am also trying to establish my team, I have a good realtor who is sending me properties, I was connected to a lender but I am open to suggestions/ recommendations for lenders, property managers, project manager (is this common?)  

Going back to your suggestion, I am moving on from the lender I posted about, if you see the first two replies; where the user's name goes in the upper left corner says that "account closed" The borrowers I have can put up 30% down and rehab property as most of them are in the "remodeling business.

I would suggest creating an LLC if you plan to own multiple of these so you can grow your portfolio from the LLC.