My goal is to use these investments as a learning tool and a way to grow wealth for further investment. 

I'm a fairly new investor and a question popped to my head due to the recent events with Equifax.

Has anyone ever had 1 tenant forcefully removed from a property while another tenant stays and a new lease is created?

We had plans to use the HELOC as a base to build our portfolio further with flips and rentals.Now we will have our dream property and a great rental cash flowing $550/month that we intend to save and reinvest later.  

In a recent property I saw rent was at 685 and a few doors in either direction similar units are going for 1300.

@Alex Rand, You have plenty of options and a good commercial agent will be your best friend to determine best course.  

Let's pretend it's a generous 1 yr CD with no early withdrawal penalty.7 year CD: 2% and penalized six months of interest if you pull funds out early.If you pull funds out after exactly 12 months, it's a wash:1 yr CD @ 1 yr: $10k * 1% = $100.7 yr CD @ 1 yr with penalty: $10k * 2% - [$10k * 2% / 2] = $100.After 18 months...1 yr CD @ 1.5 years: $10k * 1% * 1.5 years = $150.7 yr CD @ 1.5 years and penalized six months of interest: $10k * 2% * 1.5 years - [$10k * 2% * 0.5 years] = $200.So there's your low risk / low reward "CD hacking" tip of the day to get rich by earning an extra $50 on $10k after a year and a half.

If schedule 'E' is all they have, then yes they should show it but to be honest, it does not tell you much of what you need and a lot can be hidden inside the numbers.

I have $100-120k to work with through cash and a private lender, but I'm trying to find the best area to make some good rent.

When me and a few friends had just a few units near each other we'd be like "hey.