To do Airbnb, you would have to furnish to the nines and add tons of amenities so it is group accessible.

Easy for guests to change if they get full during their stay, and easy for cleaners afterwards....

It would enable me to access the equity in my home whenever needed, allowing me to take out a smaller amount, such as enough for a down payment on another home. 

.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you. 

Select accounting and bookkeeping firms have access to software like Quickbooks Online at a discount, and a few of them even pass those discounts along directly to the customer! 

It was so easy the first couple times I didn’t think I’d need to.

After a few candid conversations, they realized they could negotiate slightly higher rents by offering small improvments..things like better loading dock access or upgrading the security features..turning a so-so cash flow into something much healthier.When you break down your family friend’s situation, it might help to consider these angles:Selling and redeploying capitla could open up opportunities in markets where cash flow is a bit juicier.

@Brett Jurgens To leverage your Denver rental's equity, consider a HELOC or cash-out refinance to access funds while keeping the property and rental income.

Quote from @Tom Gimer: @Jay Hinrichs We essentially have an in-house abstractor (Salt Abstracts — MD; M&M — DC), so when I REALLY need it I can have title in ~1 hour.I try not to be that demanding often but it’s a nice resource to have access to. not everybody has an abstractor on Speed dial LOL..

Furnishings that are easy to clean, along with amenities like high-speed internet and pet-friendly options, go a long way.