Hopefully along the way your properties appreciate, you pay down debts  (mortgages) from operating income, and you get market appreciation on what you can rent each unit for - giving you more income each month. 

My question is, on the 4plex, located in Mississippi.  

Also located in Gatlinburg, TN.

I played baseball at the college I am trying to rent out so I spoke with the coaches and they will recommend players to live at this house.

I was thinking of creating an LLC (which I will do in the future but not for my first property) and renting the house to the llc for the first year.

This is paired with automated prorating of rent and electronic payment setup. 

BP seems like a good place to make connections and hopefully learn some things along the way.Where are you located?

If the new tenants want to move stuff in early, they need to pay rent and you need to talk to the old tenants. 

Pay it off with a commercial DSCR refinance loan once you've gotten the rents up to an amount that will allow you to cash out on your HELOC.I like using my HELOC but only in short-term scenarios because it's a floating rate and I can't control when or how the bank will make adjustments to the payback variables. 

It’s not as hard as you think and if this Amtrak attracts more people to Scranton, not only will they not want to live in an old run down house but they’ll likely have the money to rent or buy something newer.