It will allow me to purchase a larger deal by having access to heloc and pay it down within a year 3k per month from combined cashflows from other rentals. 

I came across a deal and the owner wants to sell by owner only.

What do you mean by "you don't want to engage in interest"?

I am a newbie investor who is looking at the delinquent tax deed inventory held by various states.

Developing a track record of successful investments and leveraging your track record by syndications or creating an investment fund4.

Or alderman allowing case by case currently city wide but the regulations would make it a right of property owners without alderman approval needed? 

Increasing rents substantially by rehabbing. 

Some of these questions you can get some help with by talking to a lender.

Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.

We started out by raiding my 401k, including the penalty, because we didn't have a lot of money available to us.