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?

Alex,There are three types of people who can represent you in front of the IRS.  

Your representative Pete Rodino, before the Paynes, grew up on Aqueduct Alley.

Once a month, the lender representatives meet investors at the county courthouse to auction off the properties. 

@Ruth RojoAs a license, you are prohibited from representing the other party in a transaction in which you are the principal.  

But, not knowing where in the cycle we are is represented in our underwriting relative to risk discount.

An attorney representing the borrower2.

The only deed I could find in the database that pertained to that specific property was last month when Rocon of Bella Vista transferred ownership to Mango Capital.I called the Commissioner of State Lands after leaving the Recorders office, and spoke with a representative within the office.