My understanding is that HELOC is only a good idea if you pay it back in a relatively short time frame.

The 15% DP, would have wiped out my savings, however, I wasn't overly concerned as I do have a decent gig, relatively low expenses, a healthy amount of available credit and expected cash flow from another investment property in which I would start to re-build my savings.  

If rental income is just another line item on the calculation then I think I can come up with the number.The next related question is what overall DTI does a typical underwriter require for a loan on an investment property or does it even matter if the property is rented and I have a signed lease?

This is a great way to learn and you'll also be doing other jobs for the team in addition to investor relations. 

Question for you...Let's say you walk into a networking event, whether it's real estate related or not, do you bring a business card?

But then the majority partner would need to be very careful to not run afoul of related party rules.

(the death was not related to the piece of plywood in any way).When working with GC's, do they usually have every single item of the home itemized?

Related, can she offer seller financing on her current/former primary residence?

Can this be carried over to 1099 income that is not related to rental properties?

Do you have friends, relatives, or colleagues that are investors?