Free your day up for training in RE and getting real reps with sellers from the leads you're getting and really hone your craft.

Given your credit score and ability to fund 25% of the purchase I don't foresee any obstacles you will face. 

It will inspire you to overcome any obstacle standing in your way—it did the same for me.

I see this pretty commonly in Phoenix as there already will be obstacles you didn't plan for along the way.

Quote from @Frank Pyle: Obstacle is getting a 1007 with realistic long term rents. 

Also I understand the funds aren't available for the improvements so that is another obstacle that has me leaning towards price reductions to move on as soon as possible.The exit of lower tier SFH's is something very few investors care to consider when making their investments but deserves far more consideration. 

A lot of training actually.

. 😉  Lack of investment capital (money) ought never be the obstacle because if the deal is right, the money will always appear.Then, you’ll need great data sources both for identifying opportunities and confirming the facts.

The Heloc can also pose as a debt obstacle since its an open end mortgage a.k.a credit card.a mortgage is also set up over 30 years so it offers a lower rate and payment. 

You will get plenty of that at your office sales meetings, office training, CE training, board and association training.