At the very least you get practice running numbers and if you share your thoughts with the realtor they will have a better idea of what you are looking for in the future.

I’ve been exploring strategies like the BRRRR and am keen to hear about others' experiences.I’m here to learn, share ideas, and contribute wherever possible.

Im just now realizing our potential with the first investment and had no idea what a great position it put us in to move forward.

New Jersey is a great place to invest especially if you are open minded to the idea of house hacking. 

Any ideas how to lower this or use it as a owner occupied property?  

A $100k Heloc payment will be around $750 per month (verified with el sereno client) and rents are $2,300 p/m so you tell me if this is a good idea or not. 

@Rud Sev, I would ask the syndicators you are considering if they have any sample K-1s they have issued in the past to try to get a general idea of how they treat their common taxable items.There are a few things that are likely needed to be outlined:Your capital account balance for the investment, i.e. how much money the syndicator is saying you have outstanding at any time and used to calculate preferred returns, can vary from your taxable capital balance shown on K-1.  

Furnished Finder is a good idea, even if the fit with travel nurses hasn’t been ideal—it might be worth exploring other platforms for mid-term renters or marketing directly to local families in need of temporary housing.One thought: consider offering seasonal promotions or themed packages to draw in more guests, like holiday stays or discounts for longer weekends.

I think it’s a great idea for BP to add a second and third loan option on the calculator as with prices and interest rates being higher I bet a lot of people are using these options now.

I'll start more seriously considering doing this specific idea as a solo venture though, because that seems to be the general consensus of everyone that replied haha!