This doesn’t mean that one can’t SELECTIVELY find “deals” that make sense.  

A lot of the time, the HML 2nd secured by the high equity primary residence would end up getting paid off in short order with via a HELOC, so there'd have to be points in it upfront for the HML for it to make sense.

@Dylan RobinsonI don't think so, I think its just a matter of if the numbers make sense there isn't too much more to think about in my opinion without ending up in analysis paralysis.

Also, having to interrupt stays to replace later doesn't make sense. 

With fix and flips, the goal is for a short term hold so the interest only payments generally makes more sense.  

It's pretty much only used for properties that are so far out there that it doesn't make sense to have someone drive out to show it. 

The slight decrease in NOI for me would alter my outlook on if leverage on my portfolio makes sense to buy a STR. 

If you can get considerably better than 3% on a new deal, it may make sense to extract that 200k and move it into a new deal. 

We offer physical site visits for properties above $2.5/3M or if it's required by the client.Around 95% of our studies are done virtually but if you need boots on the ground and it makes sense for your property or portfolio, we'd be happy to help. 

This doesn't make a lot of sense to me since the tenant is already behind on his payments.