I like the concept of a Real Estate Line of Credit but I found with FAO commercial that what's on the surface doesn't translate.

While the cash flow (if any after debt service) is trifling, I know that because this is in a great area (Willow and Ashlan, right next to Fashion Fair and Fresno State), I'm going to have a great tenant pool and feel comfortable visiting my property.In sum, there are properties in Fresno that cash flow in your price range.

But if they respond in an objective fashion, they are more likely to be reasonable tenants.

Start with some plain old fashioned books and read and take notes at the same time.

I do have some minor contracting/home improvement experience and can do many surface level projects myself. 

I had conduit placed from attic to basement in my home when it was being built, and then when later some additional electrical needs came up, we were in decent shape to complete without having to use any surface wiring (like I see on some of my neighbors' exteriors).

In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.When a property is purchased, a cost segregation study should be performed, wherein the value of the property will be segregated into land (which is not depreciated), buildings (which are depreciated on a 39 or 27.5 year schedule), land improvements (15 year schedule), and other smaller items like personal property.

Fake documents and doctored DLs support the application and without being sus of it being an issue they look pretty good on the surface. 

Sometimes, the best deals are hidden beneath the surface, and it takes time to unearth them.It's like digging for buried treasure; you may have to sift through some dirt before you find the gems.Chapter 4: Financing Your InvestmentsFinancing Your Investments is a critical aspect of achieving your financial goals.

He has helped quite a few BP members successfully house-hack in the same fashion that you are looking to accomplish.