Buy something that the numbers will work as a rental and increase after some initial rehab during the first 1-2 years of having it as a primary, build additional savings and equity over time, and ultimately rinse and repeat/build a portfolio! 

Additionally, commercial properties, such as office buildings or retail spaces, may provide attractive depreciation schedules and potentially higher rental income.

Now they added 2 additional security.

It is always wise to have some additional capital on the sidelines to help advance your projects rather than relying solely on the bank draws but one month is beyond reasonable.

Now my own mortgage is paid, new HELOC and new property mortgage is paid which leaves me no additional cash flow.

I have wondered though if there are government grants/tax credits for providing internet to low income tenants.

Conventional financing, buying with cash then refinancing after rehab, partnering if needed, heck even using hard money might be preferable here rather than taking on the additional risk of using subto, without much benefit because of that high rate... 

These initiatives make it easier for you to purchase a property with less money down, increasing the viability of house hacking.Strategic Property Selection: Pay attention to assets that offer prospects for value addition and have a high rental potential.

. ;-)In Atlanta, for example, city/county liens are treated the way the credit bureaus do: They fall off after 7 years.

The problem in this case is the seller's primary reason for selling is he wants cash to pay off credit card debt.