Just make sure to run the numbers with the HELOC payment and the rent, so that you are not underwater every month.

Moreover, I filter horrible guests from Airbnb so it is a win-win :)Your post is so stupid .  

Anywhere near Evens has gotten very expensive, so cash flow will be tougher.

So my area has sub 6% cap rates.

However, California treats rental income as passive regardless of REP status, so these benefits won’t apply at the state level.This post does not create a CPA-Client relationship.

Remember your situation is unique so it's important to consult with a tax advisor or CPA to explore all available options and ensure compliance with tax regulations.Thanks!

@Lillian Pintaro,Birmingham’s a lucrative market—it’s been my stomping ground for nearly 20 years, and you can find some excellent deals if you know what you’re after and dive deep by zip code, neighborhood, and city block.For what it’s worth, we manage 2,000+ units (many for out-of-state investors) mostly in the north and west part of town—so think suburbs outside the city limits like Graysville (35073), Adamsville (35005), Mount Olive (35117), Center Point (35215), and the like.Since you’re also open to the surrounding areas, places like Odenville (to the east) and Tuscaloosa (to the southwest) could be worth checking out.

Expenses do not take a break so until you have no expenses taking breaks should be quick and infrequent. 

Would you be so kind to share please?

So in my mind it would be best used as a last move into a REIT you never sell.