If this is your first property, go with Class B... and try to get 0.8% rent on purchase price.AirBNB/Long term rental again is depend on your long term scale goal....

I'm guessing when all is said and done it will cost around $100k for the conversion, perhaps a bit more should I run into issues with rock in the ground when running utilities.

My big question to the current and future rock-stars of our community is; should we cash out refi our current property or get a HELOC??

@Jimmy O'connor 2001 -2004 I would sneak out during my lunch break and flip ( wholesale houses) I had one mentor who said Alex I buy over in this area of Rock Hill for $32k.

I dropped the price of bottles to $1.00, made bowling $1.00, sold hot wings for $1.00 a plate, and I had live bands that played for free. 

This One Worked Out Well in the End:We knew he wouldn't be able to accept offers B and C because he owed too much and was short on cash.

It is fully rented at this time with NNN leases, but with B and C tenants.

I am financially stable and do not want to rock that boat too much by taking reckless risks.

Aaron Amuchastegui, Manager, Homerock, LLC See the answers to these questions and more in the Speaker E-book here.The following speakers have contributed to our E-book: Aaron Amuchastegui, Manager, Homerock, LLCKevin Baldridge, President, Tricon American HomesBruce Bartlett, Managing Partner, Sequoia Real Estate PartnersMark Bloom, Principal, NetWorth RealtyGreg Coleman, Co-Founder & Managing Partner, Revest Asset Management Steve Daniele, CEO, Shannon Staley And SonsKathy Fettke, Co-CEO, Real Wealth NetworkRandy Hagedorn, Senior Vice President, Tricon American HomesLee Kearney, Owner, Southeast Property Investments NetworkIsaac Kyle, CEO, GOAL Property, LLCSandor Lau, Chief Inspiration Officer, Noted Financial Ryan McGarry, Managing Partner, COO, VineBrook HomesWade McGuinn,CEO, McGuinn Hybrid HomesMarcos Morales, Executive Director, Hogar Hispano, Inc.William Powers, President, RTO Property Michael Saccento, Director, Figure Doug Smith, Portfolio Manager & COO, Castle Rock Capital ManagementKelly Stumphauzer, Owner, Prosper ClevelandThey will be joined by over 170 esteemed industry speakers who will be discussing the key issues and opportunities in the single family rental investment market.

@Walter Aaron Poling & @Jessica Zolotorofe You guys Rock!