But can't afford it at the moment.

HELOCs are a great resource for leverage, but as with any leverage, it must be used responsibly and you must know that if the investment goes sideways, can you afford the HELOC payment added to your monthly living expenses until you can flip another successful one to pay it back?

Dennis I understand your point, I do not want to be a slumlord I'm just trying to figure out the way to do it cost effective and affordable on both sides. 

They should be able to tell you how much you can afford and get you a lender that will offer a good rate. 

Add in whatever PPC you can afford as that may help drive you up higher on organic searches, perhaps get a deal here and there, which you can use to keep building your online presence.Good luck!

I agree, affordability has impact, although a residence is a fundamental human need, that with water and food.

A Realtor representing you as a buyer agent will get frustrated soon when you start to ask him/her to make lowball offers.

This sounds like a mildly frustrating surprise to find of the move-out, for sure. 

Our goal was to provide a turn key nice property at an affordable price of $350K and give some sweat equity opportunity down the line for the right buyer. 6 showings this weekend so far.

It'd be a boon for more local investors to find ways to tap into this -'The vast majority of the money in the housing proposal unveiled Thursday, up to $200 million, would be awarded to developers to construct or renovate affordable housing and permanent housing and services for the homeless.