I feel now is the time to start investing in real estate.My goals are more along the buy and hold lines than flips.

On forums that only track posts and not votes/karma/rep/ whatever they call it I see more of the mega-posters with 30-40,000 posts and folks tend to fall right in line with what that individual says, sometimes suppressing debate. 

The reusability of the credit line just makes it that much more of a player in long term plans.As for pricing I would say you should do that based on your risk tolerances.

If its on the property it has to be certain distances away from the lot lines. 

Bottom line up front: Is it good to get prequalified before I start even talking to an agent and looking at properties? 

Since you're doing a BRRR, a viable strategy is to put all of the rehab costs on these new credit lines.

Usually they under estimate  mosts costs and miss line items all together. 

in my area however all property managers are agents too, so it's tough to cut in line :)

You can definitely do a home equity line of credit or cash-out refinance on that property to fund another deal.

I would plan to pay for majority of upgrades with a line of credit.I have a few additional reasons beyond monthly cash savings to sub-meter the electric: 1) There is one thermostat in the house, controlled only by tenants in the largest unit.