Quote from @Divya Sosa: Hello,I had a unit up for rental (a townhome) and received an application from Zillow which showed that she has no criminal history and credit score was good as well.

I do a combo of short-, mid-, and long term rentals on the northside of Chicago and surround suburbs.

Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.

Look them up online, call and interview several of them.

What are your biggest challenges when designing your vacation rental?

I agree that the best way to make money is self manage your short term rental (not AirBNB, that is a platform).

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle,  so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?

It outlines profit and losses from rental real estate.

Then check out other online guides available here: https://www.biggerpockets.com/guides 3.