Also you would need to evaluate the LLC asset protection of that specific state.

I also wanted to list their population growth/decline since 2010 and a longer form evaluation of their economies.

Thanks for putting this out for the community to evaluate -- your best play here would be to put this as a listing in the BP Marketplace, which you'll find under the "Find Deals" tab --> Search for listings --> you'll be able to add it there.In the meantime, what are the details on this rental you're selling?

We will evaluate if the HELOC is our best option at this time.

If each of your syndicators does 1 deal a year (on the low side), that's 3,000 properties evaluated, but you only have to look at 15. (15 syndicators * 1 deal closed each per year * 200 properties evaluated per deal closed) - Geographical diversification: As a solo investor it's very difficult to actively invest in a number of markets remotely.

First, evaluate your goals when it comes to REI and then decide which of those two options helps you accomplish those goals the best. 

Although I continue to evaluate deals in Durham, there's not a whole lot of inventory and what comes to market is pretty inflated.

I don’t want to be excessive but if it costs $15 for a credit check I would like to make about $15 per applicant for my time to show and process/ evaluate their application... does anyone know the best way to do this or what technology to use?

Every morning I re-evaluate my strategy based on what I am seeing in the market.  

Learn how to evaluate the numbers and your half way there.