I don't want to get  myself in trouble with monthly interest only, or a super long payoff time.The math doesn't lie here, I know what the answer will be, I need a better deal, or more cashflow, but properties that cashflow more than $200 a month simply don't exist (or at least come about often) in my selected area.Is using a HELOC for buy and hold strategy not a good idea?

As another example - for Jerred, it popped up after I had type "@jerred m" (I didn't select / tag it though - just tested it). 

But a website that's obviously a do-it-yourself job can undermine credibility since it makes you look either cheap or broke, neither of which makes a good impression.A professional-looking site gives the impression that you're actually in business and are not some sort of fly-by-night scam.  

I'd recommend selecting a company that is doing an okay job with a large building within a block or two of your property.  

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That's impressive.

Select an excellent PM and they can help you navigate areas that will work the best.

@Anthony Kondor , using your MLS, you should be able to filter by"Seller Type" (select "foreclosure") to identify a list of active sales as foreclosures. 

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Your out there doing it and it sounds like you have built an impressive operation.