I haven't seen any statistics on this, but anecdotally we're also seeing a lot of conversions to MTR, which makes a lot of sense if your property is already fully furnished and you have the systems in place for guest management. 

I would love to have a conversation with you about it! 

Purchase price: $120,000 Cash invested: $120,000 Sale price: $349,000 Nice mid century bungalow conversion to 4 bedroom 2 bath

In researching this, it appears that the auto-conversion may be on a bank-by-bank basis, and would depend on the HELOC product you have chosen. 

As she personally knows the syndicator she may be able to garner far more info in conversations with them about this and other investments, which can give her an informational asymmetrical advantage over 99% of retail investors as well.  

As far as steps here- I'd say connect with an agent in the Poconos area first and foremost- an agent that has experience with investors and STR as well so conversation of this house will be easy! 

I would love to have a conversation with you about what you're looking for, and if I'm able to help!

We have done well with showmojo integration into things, and I have been testing and refining automated e-mail/text in concert to tenant inquiries, kind of tying the various systems use and user instructions together via that automated conversational part. 

I would love to connect with people in the area to get conversations started and build connections.

I have had some verbal conversations with the tenant regarding the move out process, but nothing documented outside of the lease.