Being from Michigan I choose to invest locally.

My partner @Jami Rahman and I are looking to network with local real estate investors in Grand Rapids.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

TCOs are through your building department, and at least locally you can ask your inspector for this.

Having said that, you are local and are clearly in a very good position to make that judgement. 

You can also reach out to local property managers who truly know their market.

You will find support and answers here and at local meet ups.

However, this is a larger banking company and I have heard it can be better to have a HELOC with a smaller, local bank.Option 2: interest rate is prime +0 with a max of 25%.

you're way underwater.BRRRR IMO is tougher than advertised. 

Found the forum while looking for information about Syndication as a tool to recruit Investment.I am based in the US and Mexico and currently just completed a mixed Vacation Rental Boutique building project in Tulum, Riviera Maya, Mexico.Looking forward to develop additional projects in the area which is blessed with high volume of local and foreign visitors.