@David Yandel Regarding your question, it would depend on your immediate goals.

The other part of my response is it depends on the business model you want to use. 

Depending on the property and the deal, an experienced investor may want more than a 30% spread (and in some deals, they may be willing to take less than a 30% spread--for instance, if the property will produce incredible cashflow after rehab, they may accept a lower spread). 

Depending on how much you pull out your Heloc the rate will be between 9.75% to 12% on a 15-20 year loan. 

Hi Austin,It all just depends on what the seller is willing to offer for rate/terms, and how this compares to traditional financing options.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Depending on where you buy, you might even get new homes with no value add, that you can buy and hold. 

I never do a full refund, i always take a small amount for CC charges. i guess i would say it depends on how much. if it was over say $5-600, i would probably refund.

They tend to have lower credit scores or other issues.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.