Originally posted by@Andrew B.

Works best in large multifamily in A/B areas.

I bought in 2003 while I was in B-School at Pepperdine.

Low odds of getting HELOC money back to put into another dealSCENARIO B- use HELOC for full purchase price + rehab- hopefully refinance after rehab to get the majority of the $$ from HELOC back- DRAWBACKS - seasoning period of 6 months would only allow me to do a BRRRR every 6 months or so, maybe a little less.

You will definitely get higher rents in most B class areas in Chicago than you will in NWI. 

California Civil Code 1189(b) provides that any certificate of acknowledgment taken in another place shall be sufficient in this state if it is taken in accordance with the law of the place where the acknowledgment is made,” according to the SOS statement.”https://www.nationalnotary.org...Appears you could find a RON from another state and have it done that way.

@Daniel B.

How do I find out if its an A, B, C, or D class neighborhood in my town? 

@Marcus B Hsu Thank you very much!

Property Class: Looking more at class B now vs Class A or CAgreed, I think B will be the strongest.