The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.

Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns

Insurance : This area of consideration deserves its own deep dive so we’ll briefly highlight key concerns. - The underinsured.

Keep at it because the way you talk and your analysis preference + being good with people is the key to what you want to do.

We added value by investing $45,000 in well-planned renovations, modernizing key areas, enhancing curb appeal, and ensuring market-ready quality.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

The key is that in order to completely defer all tax you must purchase at least as much as your net sale. 

Two key ones are expected appreciation and expected rent growth.  

This goes over the Turn Key world and what to expect.

And the key to getting the information you need is working with a pro to see what’ll work best for your situation.2.