And if your investor friend’s private loan helps fill in any gaps, it might be worth considering that short-term pain for long-term stability.What do you think you’d focus on first... paying off that line of credit as fast as possible or jumpstarting the renovation to boost cash flow right away? 

Yep both enjoying the investment both short term and as a Longterm investment.  

Life’s too short.2. you’re making a 5 percent return on total equity now, and surely much more on a return on investment basis.

In my experience, a property with multiple cottages and outbuildings can provide all kinds of creative strategies...some folks try short-term rentals or even specialized retreats if local regulations allow.

Move on to finding a credible/chaos-free tenant.Such a short, succinct reply.

This is an alternative approach for newly constructed buildings.RESIDUAL ESTIMATION APPROACHThis approach determines the cost of short-lived assets, such as 5 or 7 year property and subtracts them from the total project cost.

These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.

Look, I am rather regimented when it comes to hard money; that a HML should ONLY ever be used for short term transactional purposes. 

My interests includes but is not limited to co-listing Airbnb, short term, medium term or long term rental properties just to include a few.

@Jeremy H.since NNN leases are Signed with management companies that manage short term vacation rentals, there is a direct relationship.