I also understand that the cost also reflect what you get and at the same time don't wanna pay too much.

Now I am new to the real estate scene and I do have several questions that I want to mark off my list so I can get a better understanding on this.

CRM Software with Customization OptionsCRM (Customer Relationship Management) software like Salesforce or Zoho CRM can be customized to track deal details, including financials, though it's not their primary function.Pros:Highly customizable and can be tailored to fit a wide range of data tracking needs.Good for managing relationships with lenders, partners, and tenants.Cons:Requires setup and possibly custom development, which can be costly.May be more complex than necessary for straightforward property management.Recommendation:The best choice depends on your specific needs:If you're comfortable with spreadsheets and have a relatively small portfolio, starting with Excel or Google Sheets might be the most cost-effective and straightforward approach.If financial management is your primary concern and you're willing to invest some time in setup, QuickBooks is a robust option.For a more comprehensive solution tailored to real estate investments, exploring specialized real estate investment software could provide the most benefits.If your operations involve significant relationship management and you need a highly customizable system, a CRM with customization might be the way to go.Before deciding, consider factors like cost, scalability, and the learning curve of new software.

Understand that a HELOC has a carrying cost every month.

We have only approached 1 lender (large, online only lender), but had issues getting them to understand our total situation so the amount they would lend to us was insufficient.

It's best to consult with a real estate attorney or financial advisor to understand all your options and potential implications.

We also have a meeting set up with them to chat for a half hour in order to ask questions about what pieces of our return were most influenced by what elements of our businesses... we want to understand the mechanics that made this year so good so we can replicate next tax year.All in all, we are very happy and highly recommend ProVision (if I'm not mistaken, ProVision and Wealthability are two separate businesses...

Just make sure you do your research and understand all the costs involved, including renovations and potential rental income. 

While I do not know the specifics of the purchase or exact location, I understand the Philadelphia market well enough to place this property in a lower tier neighborhood based on the ARV Mario shared.

Quote from @Reza Khaknegar:I understand.