Then once you know what you can afford it will narrow down where you can find a 4plex in fits your price range.  

I do my best to fit every expense into the federal govts categories. 

I'm applying to leave my active status this year and finish out in the reserves and go to school full time for business administration, operate my clothing line, as well as start my investing endeavors out in real estate focusing in Georgia, my home town. 

Find a nitch that fits your goals, lifestyle and personality. 

If you find a different lender anywhere that will give you more money for a better price... let us know and we'll give you a property evaluation absolutely free.100% Financing Available If your deal is good enough we'll fund your purchase, rehab, points, interest, AND closing costs.No Pre-Payment Penalty When you complete your rehab ahead of schedule we refund you money No Payments for 5-Months We want you to focus on completing rehab work not worrying about making monthly paymentsNo Experience or Credit Required You can still get a loan even with zero experience and bad financial history No Minimum Down Payment As long as all your costs fit within 70% of the ARV there is no down payment requiredWe help the RIGHT people find the RIGHT properties and create FAST wealth using the RIGHT funding method.

Can you please explain to me how Iook at ALL of the delinquent records that fit my criteria ( I'm interested in a niche target so it's not like we'll be competing for the same properties). 

You have the ability to provide for yourself in terms of housing, transportation, food, clothing, utilities, entertainment and more because of your employment.  

Most hard money sources I've seen don't "fit".Here's the situation.

If a traditional owner occupied mortgage doesn't fit, you could look at other options like partnering with your mom, seller financing, or read Brandon Turner's book.  

But if you're decision is between a HELOC and a hard money loan it depends on what's a better fit for you.