I have been working with my contractor about 23 years now and when we get involved in a project I go to the site at least 4-5 times per week.

It typically involves a person gaining access to remaining equity in a home that is subject to foreclosure.10. https://www.legalmatch.com/law-library/article/equity-stripping-lawsuits.htmlAcquisition: The rescue artist convinces the homeowner to transfer the title to their house to them as a way to avoid foreclosure.

Would you take an escrow account with a deposit?

Maybe look at numbers and properties you could do a potential house hack and begin to plot out moves but I don't want you to fall into the analysis paralysis group and never make a move, have people that will encourage and keep you accountable. 

You must find a team with a long track record of experience that you can hold accountable.

Account for all costs, including closing fees, holding costs, and repairs.

Make sure you account for all of your interest load if youre using a Heloc for permanent financing as you suggest.

They are either a combination of a Maintenance/Tenant Management business or Accounting/Real Estate sales/Tenant management service. 

We are experienced and have never involved anyone in our projects and have never used a loan outside of a conventional mortgage.

Class D risks > Class C > Class B > Class A, but how many investors even know what those risks are, let alone know how to account for them in their ROI calculations?