I'm used to the traditional HELOCWhat's your guys thoughts on it. 

It took me a little while to get over the discomfort of walking away from a traditional 15-30y fixed rate loan.2) Pick 2-3 of the homes that you are confident that you will own for a long time and have a strong equity position, and do a cash-out refi.

Ideally I would like to live off income from REI, as I cannot currently work in a traditional sense (ie, desk job). 

When it comes to owning real estate, you don't necessarily have to go through a traditional route.

You may be happy in a few months that you are not just finishing a re-hab using today's numbers.This and there are billion dollar hedge funds buying up all the rentals right now.Oh and with a risk free rate of return under 1% traditional expectations of risk / reward may need to be adjusted.

I've gone to traditional schools, but I have learned as much or more from the school of hard knocks.Bigger Pockets is a great place to learn, but I believe it is so much more.There are experienced wholesalers, landlords, CPAs, accountants, tax professionals, attorneys, financers, flippers, authors, programmers, social media types, web designers, and the list goes on.

Grandpa is in his late 80's now and likes to plant flowers and vegetables for our tenants... the personal touch.Owning and managing residential property takes a certain type of personality and commitment.

So for I've just ran numbers as if it were a traditional wholesale deal.Thanks and hope to hear some helpful tips soon!

I am loading up my plow trucks , bobcat , and snow blowers , Snow is white gold .

There is a company that puts out a book of typical expenses broken down by different areas of the county (Not much snow removal in FL) Again it is based on apartment buildings but may be of help.