One nice thing about selling a primary residence (after 2 years of living in it) is the tax free capital gains.I prefer to structure my investments to avoid forced sale - you want to be the one to decide when you sell based on market drivers not cash flow crisis.

I'm currently based out of NH but am willing to work anywhere. 

At the end of the day land value is bases on what you can put on it.

I saw your post in this thread as I am also looking for a Ohio based CPA who is experienced with Real Estate Investors.

The price of the property, and what the bank will finance, will be based on the income the property produces, the Net Operating Income (Gross revenue minus expenses) divided my the Cap rate.

Hey Bigger Pockets Family, I am recently transitioning out of a W2 based job to become an MLO full time as it being my part time gig was making me more money most months then my full time job. 

What type of insurance do I need to have all my bases covered during and after rehab?

If you use HELOC, it will have to be in 2nd position, where you can pull up to 90% LTV based on what you own on your current mortgage.

Thanks No US Based lenders will lend overseas.

With that said, based on your comment that the income you receive from the S-Corp is not enough to qualify for a traditional mortgage, you may have to consider other ways to acquire the property such as owner financing or lease option.