New Investor Question

[Drew Smith]

Hi I live in the DFW area and I am looking to start buying rental properties. I have about 100,000 in equity in my house that would like to use in the form of a HELOC to buy rental properties with. I want to use my cash flow to pay down the HELOC and keep using it until I achieve a Portfolio large enough to produce a healthy buying power to sustain growth. What do you think of this strategy? Any recommendations?

I am also trying to decide if I should invest in DFW or go out of state with a turnkey type of platform (roofstock or homeunion). Any thoughts? 

Thanks, 

Drew