Over the last few months, my partner and I have been able to launch a business and acquire 5 cash flowing rental units.

I opted for insured closing instead of a QC.

One last thing: ruling the world is seriously overrated. 

Also keep in mind that property values can fall, so what you borrow out as a HELOC today may not necessarily be available tomorrow.And lastly, especially when leverage HELOCs or any money for that matter, it never hurts to have plenty in reserves.Best,Dave

All you need to do is look at 10 fastest appreciating markets for last decade, 20, 30, 40, and 50 years and compare them to the national average.

@David Schaaf  We have a local meetup that is usually on the last Thursday of each month.  

It currently has tenants that have not had a lease for the last three years, the seller/landlord verbally told them they have until January 31.

Michael,I'm in Sacramento and have purchased 12 homes in Memphis in the last three years. 

They tell me there have been some massive student oriented apartment complexes build over the last couple years that have flooded the market with more beds than there are interested students to rent them.

It took me 6 months to build my team the last time around, so I am very patient and willing to spend many months building up a team if I can find the right place to flip in cash using $50-75k in cash.