There is also a shortage of affordable housing, rents are very high, but there are still many houses that are available and even more that are ripe for equity building via additions/renovations.I know my introduction is pretty long- but I've wanted to show that I have the foundation to build a successful business in a market that is uniquely positioned for the economic question marks that the next few years hold. 

I would lean towards leveraging my investment property over my personal residence because of the interest right-off, but also because of the protection afforded a personal residence at least here in Kansas. 

There have been growing pains--affordability concerns, strained transportation, low housing inventory, homelessness, sprawl vs. density--that will carry on in full force this new decade.

But can't afford it at the moment.

HELOCs are a great resource for leverage, but as with any leverage, it must be used responsibly and you must know that if the investment goes sideways, can you afford the HELOC payment added to your monthly living expenses until you can flip another successful one to pay it back?

Dennis I understand your point, I do not want to be a slumlord I'm just trying to figure out the way to do it cost effective and affordable on both sides. 

They should be able to tell you how much you can afford and get you a lender that will offer a good rate. 

Add in whatever PPC you can afford as that may help drive you up higher on organic searches, perhaps get a deal here and there, which you can use to keep building your online presence.Good luck!

I agree, affordability has impact, although a residence is a fundamental human need, that with water and food.

Our goal was to provide a turn key nice property at an affordable price of $350K and give some sweat equity opportunity down the line for the right buyer. 6 showings this weekend so far.