Looking for deals out of state may not be a bad idea, although I would not recommend it for a new investor unless you have good knowledge and have had time to study the market you want to invest in.Another option is to tweak your strategy a bit, and instead of looking just at the cash flow, you look more at appreciation, which brings me to your comment about having missed the boat.

The paths available seem to be one of three (1) work at something producing more income than needed to live and save aggressively to acquire capital.

That online website that saved you a few dollars isn't going to stand beside you in court if you get sued) In business, like in life, relationships matter! 

@Srikanth AkavaramCurious have you run an analysis of the savings this provides compared to the amount of time it will take to?

I'm sure this is market specific and you may have different results but instead of it being a complete waste of my morning I thought I'd share this info with the forum in order to hopefully save someone else's time. 

I know initially it sounds like a great idea - pull out equity and use it to buy more assets.

I have great equity in my primary residence and have been playing with the idea of a HELOC for my next investment.  

I have no idea how your area's licensure works (as it relates to insurance).For the property, if you are flipping it then you'd want builder's risk. 

So if I offer $100-150 off first months rent and get someone in there sooner, it actually saves me.

Does anyone have any suggestions on any quick ways to build capital besides traditional saving "x" amount a month?