I'd be happy to meet over a cup of coffee to discuss how I operate with the investors I represent and see if there's any possibilities.

I see a few abandoned properties that are at a decent discount from some of the comps I'm pulling, but are represented by realtors.

There are so many reasons to motivate a person and they all require money.So either you don't have any motivation or you fundamentally do not understand what money represents.

The seller is paying their commission, so might as well use someone you like vs using the agent that represents the seller more than they represent you.Here is a good article on figuring out CapEx: https://www.biggerpockets.com/renewsblog/2015/10/1...

This LOC, too, represents expensive money: certainly not enough -- or a practical approach -- to purchase a home outright.

If you are trying to represent other people or are going to be listing property, then knowing what you are doing is more advisable than the E&O but E&O would be good. 

Even if they tell you they are just helping the owner with this, I would still try to touch base with the owner to make sure you the person you are talking to can in fact represent them in working this transaction.If you need more help just PM me.....Peter

I'm thinking I can take advantage of this using Brandon Turner's BRRRR strategy to buy a distressed property (in an A or B neighborhood) in Memphis using the HELOC to cover the discounted purchase price and rehab, rent it, then refinance it 6-12 months later into a conventional 30-year fixed, and repeat.But I've read on BP about the dangers of doing this long-distance, namely lack of boots on the ground to represent you and watch out for your best interests.Can anyone recommend the following to put on a Memphis team?

The home owner, and agent representing the seller in many cases may have done some things well in regards to their pricing, marketing, staging, etc.

If so, what else is required beyond getting the license itself to access MLS and represent myself in deals?