He screens tenants in a very clever efficient manner. 

HELOC is great if you intend to pay it down sooner than later - keep in mind that with a HELOC the interest will fluctuate over time (and jump a lot after the introductory period), and it can be called by the bank (ie: closed) at any time - it happened to us in 2009 after the last market bust and we had to scramble to get approved for another one by another bank.

It is difficult to have an efficient system at the beginning but if you have agents that you can trust and they deliver a good service, I believe it will be worth it.

I am saving up enough to cover 12 months of the mortgage and bills and putting them in an account separate from my finances to cover any periods that the other side is vacant or not payingBut I also can secure my future with this property, if done right.Please help!

Here's the deal specifics in question:The Sponsor is the guarantor & deal maker and has no equity contribution in the deal, but is liable to the debtGeneral partner collaborates with the Sponsor in managing the rehab & construction but also makes no initial equity contribution but contributes towards monthly holding costs with the Sponsor during the renovation period.

That means if you can pay some or all of it back, pay interest only on the amount that is still withdrawn, and still have access to the entire line of credit until the withdrawal period expires, usually 10 years. 

Theoretically, this means improved real estate marketing performance and ROI.CurationCuration remains a popular trend, though its value may be suffering due to larger trends, and the obvious need for originality.CrowdfundingNot only is technology creating more efficiency in mortgage lending, it is spawning new financing models altogether.

If that happens, the seller is off the market for a period of time when they shouldn't have been and then have to go back on market with what is now a stigmatized property.  

Maximum 10-year payback period.

Since RE is my full time gig coupled with our efficiency in finding these deals and getting them done, our return on investment and time is pretty good as well as our exposure to market fluctuations being very low.