Single dwelling with smaller floor plans are 650-700K in 2016Property under contract 620KCity of OrangeDirectly across local university Zoned: R16000 sq ft3bd/1ba - 1500 sq ft main dwelling$2700 rent for main dwellingmain dwelling needs 50k of rehab on its ownallowed up to a 640 sqft accessory unit with an attached garage that does not count against 640 sq ft.public access way available to accessory unit garage$1800 potential rent for accessory unitHave at it BP. 

The HELOC gives you access to that equity so if you close it out then you will no longer have that access.

My current plan is to start with a duplex, renting out one unit and living in the other as I make repairs/improvements.  

I am getting my license so I can be more educated in real estate, get access to MLS, and be able to see properties quickly.I thought I should look for a Broker who is an investor so he/she could help guide me as I expand in the future. 

would like to know how can i mail out letters for owner financing to home owners i already know to access town records to find address just would like a solid ground on what to include on my letter that send to them thanks.

We showed the bank our plan to improve the NOI by doing those things and got them to lower the down payment by 5%.

Small banks are usually the ones most willing to take a chance on local investors trying to improve the community.

Yes since you are a pro member u should have access to the BP calculator.. but just taking that income and dividing it in have for 50percent rule you get 1088.5. 

Currently testing effectiveness of google calendar with the on site guy set as editing access.

The first contact you want to get with is an agent and have them give you access to the MLS.