Lock up that property you want and then you can always refinance later when rates drop.

This locks in your monthly expenses, versus  HELOC that is variable, and matches well to the long term hold of the rental.I use HELOCs for shorter term capital needs, i.e. flips, or even possibly the acquisition and renovation of a rental, but always with the belief that I will have it paid off in under a year, typically 6 months.  

Raise the rents $1.50/mo, or sell more locks, or do more advertising.

But with no experience and moving out of state you are locked in to using a PM.5.

The multi door padsplit operators have alot of home automation they remote control and monitor including cameras on the front door (not interior), remote managed bedroom door locks, front door lock etc etc.I won't get into either rent by the room or airbnb! 

Magic to my ears. 

The only problem, is that I'm locked in a lease until next July.

Each bedroom has a private ensuite and lock.

I filled 30 projects for investors looking to invest their capital but were locked out of their home market for one reason or another. 

I don't thinknitbis so much about a specific area as it is a good price on a specific property that has views and amenities that people want.I would set up search for popular mountain tourist locations and be patient till the right property comes along and be ready to pounce.You can put a property under contract to lock it up and then schedule a viewing and make a decision during the due diligence time.