@Paul SandhuHahahaha not as far as I know but I definitely have some KISS in me, as I just want to rock and roll all night.

The good news is that if you keep your budget under $350,000 you can find places in C class areas that are close to hitting the "1% rule" and thus likely to pass the "self sufficiency test" (SST). 

Keep on rolling brother.!

I want cheap rental houses to pay themselves off and then in the future, possibly roll the proceeds into higher tier neighborhoods with more appreciation potential.

Losses pass a series of tests (basis, at risk, passive, excess biz losses) before you can take them against other sources of income - excess business losses is effectively the very last step.

However, there is a clause in there that says if we close the heloc out within 18 months we have to pay them back for these costs...read the fine print.Side note, most helocs have a 10 year draw where you pay interest only then the balance is rolled into something similar to a mortgage where you pay principal and interest.

I want to possibly partner up or have a mentor investor to help get the ball rolling.

Is it possible to roll all of my individual mortgages into a single mortgage?  

Asking my accountant about the rental property impact is a great insight, I should probably get myself an accountant hehe.Since you mentioned you built enough equity to buy apartment buildings, and this is what I want to do in the future as well, were you just rolling your gains into another property, forcing more equity through rehab, selling again and capturing tax free gains, which you used to purchase your first apartment complex?

Just pick up the phone and call your lender and ask "What Mortgage Relief Programs is your bank rolling out?"