Out of curiosity how did you get 100,000 a month?

Now it's time for me to start looking at leveraging the equity that the rental property has accrued and leveraging that towards a second property! 

We require all our tenants to pay online through a portal (which has an automatic payment option), but often the small tenants are accruing late fees and or NSFs. 

Out of curiosity, why not make the first purchase a multi-family home? 

It is strictly curiosity and the unknown pertaining to the Vacation Rental and STR market.

For curiosity's sake and to add more context to your recent investment, what kind of property do you have under contract? 

First, understand this will start as your curiosity and end up a let down unless you have a system in place which needs to correlate with your cost per acquisition expectation.Questions to ask yourself.  1.

My accountant confirms for me that any HELOC interest accrued when used towards a business expense is deductible. 

The outstanding balance is $396,000 that is accruing interest of 9.75% on a daily basis as it is in default.

A Tax Lien is where you pay the delinquent taxes which accrues interest based on state statute.