@David C.and @Marc Biviano If the both of you can be specific regarding your REI Objectives, I may be able to lend insight into most areas except Wholesaling.

(Business experience but not Real Estate experience, except the one SFR) Areas of interest: Most areas within 30 - 45 minute ride from New Bedford MA (nearest large city) including:Westport, Dartmouth, Freetown, Lakeville, Myricks, Fairhaven, Middleboro, Acushnet, Rochester, Carver, Mattapoisett, Marion, Wareham, Plympton, Plymouth, Halifax, Plymouth, Bourne, Kingston, parts of New Bedford, parts of Fall River. 

Perhaps instead consider using private money, doing the reno as quickly as possible, and then using a DSCR or conventional refi to pay off the private money.I tend to agree with @Drew Sygit and @Nathan Gesner that tapping the equity of your primary, especially with something variable and unpredictable like a HELOC, is not a good idea, but with one exception.

Eliminate all popcorn ceilings, repaint everything, new flooring throughout, renovate bathrooms, add a bathroom, renovate the kitchen, improve outdoor living, improve curb appeal, and believe it or not, make the garage exceptionally nice.

SRT and doing great revenue and exceptional ROI Lessons learned?

Because I have large temperature fluctuations in all months except July and August, I can only assume they will be flipping the thermostat from hot to cold, as night and day ..I had never written into the lease specifics for house temperatures (I never thought I would honestly see someone up a thermostat up that high lol), but I know in my province of Manitoba that during the winter, temperature must be room 21 Celsius during the day and a minimum of 18 Celsius at night.

@Rene SalazarAs posted above the bottom line hasn't changed since an earlier response: to sell RE in Florida you must:1. be on title with as little as 1% ownership2. be licensed as a broker or sales agent3. have equitable interestOh...the word "advertising" is painfully clear to interpret.Note the words straight from DBPR: "Advertising or attempts to advertise real property of another for compensation".There are no "how and where" exceptions. 

Originally posted by :In Denver metro market values have been at an all time high year over year since 1971 with exception to 2008-2014.

They do allow a once-a-lifetime exception to this rule.

Unfortunately there isn't too much you can do to ensure anything, except the track record of the individual/company, meeting/interviewing them until you feel comfortable with the situation and doing all your own research into the proposed property/properties.One of the things we tell new investors, if you're thinking about investing $100,000 and aren't 100% sure, invest $50,000 and try it out.