Where I mention the 3-5% delta on a second is that is what it will cost you from a traditional bank (for example a HELOC or 2nd mortgage).

The heaters themselves (available at the big box stores) are great and keep the unit as toasty as you could ever want it to be during the winter, and they're much less bulky compared to traditional baseboard heaters.  

Who do you traditionally use?

Traditional limited approach or creative almost unlimited approach.

And if a long-term lease like we have in commercial real estate, you can schedule increases in the rent rate on a yearly or biennial basis, either at a fixed negotiated rate like 2% or linked to the CPI or consumer price index, which in 2022 was up 9% and this past year was up only about 4% but traditionally is up only one or two percent a year.

 One more question... should I sell with a traditional agent in DR or is there a website that markets airbnb listings for sale?

Also, traditionally the summer is the best time to sell and the fall is worse, so I'd ask the agents about that too. 

They are old ranch style single family homes built in the 50s (1,800 to 2,400 sqft, 3br) located in one of the traditionally best regarded neighborhoods in Houston, with values at over $1 million dollars each.

Finally something to think about, for some areas, if traditional travel is low, or sometimes to not be required to get conditional use permits (know your state laws), you can market to travelers who are longer term stayers… such as traveling nurses, corporate execs, pilots, etc. 

The banker said we would have to start with a traditional construction loan.