If its in an up and coming area it seems the city would be foolish not to mix it up a little to enhance their tax base.

We closed on it in May, did some enhancements and changes to it, and now have it on the short-term rental/AirBnB/VRBO market.  

I have only ONE tenant out of 32 who is not paying rent only since July 1 (and she got the enhanced unemployment - there's just always a better use for the money than paying the rent), and it's driving me CRAZY. 

Interest only loans are horrible UNLESS you are absolutely confident you have a big value add upside in the future.Often I see investors massage debt with properties to make numbers work when instead they should not buy the property at all or negotiate a way different pricing when purchasing and underwriting.Interest only loans, short term fixed debt then goes to market are time bombs with tenants with long term fixed leases.Now if I am doing value add with big upside then of course interest only can work in a lot of cases because I do not care much about cash flow going in but the equity multiple later on.

An HO-5 policy would do the same thing but would give you other enhanced coverages beyond the scope of your question. 

@Tyler Frederick Weese LOs flow toilets you gotta talk to Joel Fleischer with NOI Enhancements

Maybe a co-working space or professional like a builder/remodeler, real estate brokerage, mortgage broker, therapist, chiropractor, massage therapy, dentist, doctor etc.

I want to point out that having been initially the listing agent in the sale of my home, and now on the buyer side, she has the right and advantage of being able to tell the buyer anything that she learned about my situation and property while my listing agent that will enhance the buyer's purchase to their advantage. 

Nothing says you can't take classes that will enhance your career.

That’s just my personal thing.Of course you have to pay a premium for waterfront property and *might* have to have flood insurance (2 of 4 of mine do), but they aren’t building any more rivers, and I believe the price appreciation for these types of properties is greatly enhanced due to the water amenity.