That’s my thought process despite the fact having a large HELOC (in the negative) can be a bit overwhelming CheersEdison

In fact, I'd also recommend trying to catch one of those weekly webinars that Brandon Turner does - he usually goes through analyzing a deal in each one, and it may give you a better idea of how to calculate how much of a mortgage you can take on. 

Those who are doing the shaming are usually the ones who want to rent a 3 or 4 BR house for no more than $400/month -- newly remodeled, of course. nevermind that the low income apartments are $800 for a 3 BR. 

I know it usually needs to go through inspection, appraisal, and loan approval.What are the realistically fastest time frames for getting this done as fast as possible?

A self-directed IRA or better yet, a Solo 401k is usually needed.

If you are only here to provide negative comments feel free to drop out of the conversation. 

I feel that is usually an exercise in frustration. 

It is not usually on the first page. 

I usually get that kind of info from the realtor in the area. 

I have a feeling that if you use it as a rental, your emotional attachment to it will lead to you over-maintaining it, ultimately creative a negative cash flow situation.