Essentially your cost of money for the down payment is the after tax cost of debt...your home equity line interest rate after taxes versus the interest you are earning on your savings...I am guessing the cost of the equity line interest is more than what you are earning in the savings account...either way, I also suggest hiring a professional property manager to start with.  

One thing to bear in mind is that if you obtain a mortgage on your rental properties, then you will need to file a tax return for your IRA to report UDFI (Unrelated Debt Financed Income) tax. 

You might try to do a little more by the main entry of the complex. 

But the main thing is, once you educate yourself on the topic you'll be ready to make the intelligent decisions and invest confidently.Feel free to PM me with questions.Best!

I have been mainly coming up with homes that will reduce my current rent, but almost none that will produce a positive cash flow. 

I have been investor long before I became an agent and you can always send me an email with any questions you have about Milwaukee.As far as Foxconn I believe you don't need to worry about location too much, the deal has such a magnitude that if it goes through it will have cascading effects throughout SE Wisconsin, at least 60 minutes around the main plant.I can certainly hook you up with a few local lenders.

Therefore, your partner would have to be the main borrower and you would be the non-occupying co-borrower. 

That way he knows that 123 Main St sold for $30k less because of the foundation, etc, rather than dinging your value because they didn't know that information. 

I would continue working on any debt that maybe hurting my credit score. 

Overtime between the debt pay down and appreciation you will definitely grow your wealth.