Eliminate debt, establish a budget, and save.

If experience is your concern, you can easily partner up with another experienced investor in your area to help balance the risk out. 

Are you able to use it easily, only with a HELOC.If you lose your tax deductions, then Uncle Sam is happy to take more of your money each year.Good Investing...

In my case I sold off appreciated properties in a location I deemed as having limited future upside, and used the proceeds to eliminate all debt on the better located prime properties I wanted to keep long term.

Can easily get fee worksheets and run credit/DU 3.

This eliminates the seasoning requirement for the seller that will be required when someone else takes over their loan.

Eliminate debt, establish a budget, and save.

Because of it's not going to appraise that high, I could finish the basement fairly easily.

Raleigh only allows 2 STR listings per house, but you could easily rent the others as mid-term through airbnb's platform (I do this).

This type of deal can also help you minimize upfront costs, as you’re reducing the cash needed to buy the property outright by aligning the seller’s financial outcome with yours.While there may be details to work through, such as crafting a solid contract or ensuring alignment with any financing you bring in, these can be easily addressed with the right team in place.