@Ian WalshThanks for posting Ian, I have played around in the Boston area sandbox a bit.

Good call on multiplying the numbers by 1.5 - always good to play it safe.

Debt snowball these properties while fund Roth IRA, 403b after appropriate CapEx/emergency funds for the properties.How has this played out so far.Got pre-approved for an absurd amount at the moment, but will not use all of it because that is contingent on double full-time employment.Somehow managed to look at three properties in December, only had four days off, all of which ended up requiring cash buys due to disrepair, estate sales, foreclosure.Currently networking for hard money, private financing, while continuing 65-80% savings rate.Will reduce my days of work, get some ski days in the winter and mountain bike when its warmer.

They bought it 2 years ago for $55k and put 2 brand new furnaces in, other than that I can't tell that they have done much of anything, over all the properties are in pretty decent condition. 

They have good systems and coaching support, but the systems they offer aren’t plug and play.

So the specific laws to your state come in to play in comparison to what is written in your lease.

I am brand new to real estate and have no experience beyond personal purchases.

Even if someone knocked it down and replaced it with a brand new structure, the neighborhood layout is aweful and all of the surrounding homes are on top of each other, no privacy, not so much as a tree for as far as the eye can see.    

Generally HELOCs are best used for short term plays, such as fix & flips or with the BRRRR strategy.

The property has many value-add plays and many people in the local market perceive commercial deals as "off-limits" so competition for small commercial multi-family is slim.