If you own (2) properties free and clear you could simply do a cash out refinance. 

All you need is a single place to track tenant information, payment history, maintenance, and other things.

Despite wanting to handle it a few other ways I reached a small cash settlement with him to drop it.

We are BRRRRing it and we’re originally going to rent traditionally, however we decided to look into it as an Airbnb, and when we put in current loan rates which will be near or at 7% when we are ready, we’d only cash flow about $150 a month 😱, but as an Airbnb our projections are around $1,300 cash in our pockets monthly. 💰 At this point is a no brainer 🧠 and we know if it doesn’t work out or we don’t like doing it we can always revert to a traditional rental. 

I’m open to either a townhouse or a single-family home, but I’m definitely trying to steer clear of any crazy HOAs that eat into cash flow (you know what I’m talking about!).

Do you use your own cash or do you have a lender or investor funding your deals?

Purchase price: $220,000 Cash invested: $30,000Currently house hacking.

Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment. 

I have about $115K in cash to deploy.

Cash flow is not great since properties are priced accordingly though.