Still no payment.

Work on getting a down payment saved up while managing your townhomes.

If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal. 

This allows me to seed the property for 6-12month, then refi, and pay the full amount of the HELCO back in one payment. 

. - near lowest delinquency, late payment, and evictions in the country.  

You have to make payments on the borrowed funds, which is then deducted from the money you are making on the investment.

No monthly payment.

Do you have enough equity to do a cash out refi and use that cash to put a down payment on another property?

I would highly recommend doing a renovation loan like the 203k or homestyle - you are able to leverage SO MUCH CASH for such a low down payment. 

For the experienced cohosts in the group, I’d love to get your thoughts on payment processing options for cohosting companies (LLCs) that position themselves as property management companies but operate without a broker’s license.As an investor and soon-to-be STR entrepreneur, my business will initially focus on managing a small portfolio of vacation rentals with plans to scale.