He totally understood and agreed that it was reasonable for the guest and host to share the financial burden of these cancellations. 

The turnkey model has a smaller equity buffer, understood because they take the work out for you..but you need to run your own numbers prior to submitting any offer to these TK providers.

@Tim Debronsky I found some info online and Keith made a point if I understood correctly if I’m paying off a heloc with it it’s considered a rate and term loan not a cash out refi long as I pay off the heloc with it the part I’m not 100% is I have the heloc on the 1stHome not the 2nd home that’s free and clear so can I do a rate and term loan to pay off the heloc toward the 1st home loan if banks dig that deep 🤷🏻‍♂️ sorry if I made that sound confusing

@JJ Chojnowski The rational is Fire hazard as far as I have understood it.I'll probably just call a metal scrapper if I can have him come cut it and take it away.

Understood, Do you have any multifamily properties in your registered areas that are good investments?

My realtor was confident we would’ve won if I would’ve waived it but understood my concern.

Now, I understood more clearly my situation and the path I've choose.

Once we understood the pool we wanted to target, we then developed a property profile that attracted this tenant pool.

Understood.

And I understood since its passive income, the remaining losses will not apply to my W2 wages.