I kept getting denied so I got a secured credit card.

Which in theory you can do whatever you want with - but the investor won't have their asset secured by real estate.  

Is there a product available to LLCs that’s very similar to a HELOC, that is secured against the asset, but doesn’t have extreme costs like hard money, typical portfolio loans for flippers, etc.?

Congratulations on securing your first flip.

What I need is someone to inspect the property and report on its condition, secure the property, maintain the property, and oversee any work required to get it into saleable or rentable condition.

I believe I know the house and that's right on the border of Weehawken and Union City, so I think those rents are pretty good--may depend a little bit on the condition of the units (those rents would be high for Union City, but your proximity to Palisade Ave helps a lot, and also the Weehawken address).

I love that Idea by the way.I think CF is going to change everything and we have no idea what the end result will be or the ramifications in Mortgage, Real Estate, Securities, the list goes on and on.  

Since most of my properties are purchased in a distressed state of some sort, My first step is usually to secure the property and then start the trash out process.

Short sale to an investor who can generate a nice ROI before it's done in 26 years4. 4-5 other investors who want to share the unit and these expenses for the next 26 years.Expenses:Mortgage: $1600HOA: $450 per mo- includes exterior landscaping and lighting, maintenance for 3 pools/spas, tennis courts, security gates, private streets, sidewalks)Land Lease: $170 per moThe HOA (Waverly Park) recently passed a ruling for no vacation rentals under 30 days, however, my attorney suggests that should only apply to new owners and not me as that was not the rule when I purchased.

According to what I have researched is it realistically possible to find a good deal , secure a contract to purchase the house and assign the contract for a 2-5k profit ?