Hey @Melvin Roes welcome to BP, It seems to me that your best bet would be to search hard for partner.

Some of the projects I am looking at that generate obscene ROE ain't rocket surgery!

Except when it is an unique thread such as this one, look at its related discussions.I just learned about Return On Equity (ROE) - now a question 10 months old Fannie Mae Launches Homepath Program On Select REO's about 1 month old HELOC on an investment 5 months old What do they have to do with this?

Here are all the STR regulations: https://www.austintexas.gov/strIf you're a gambler, you could try it and see if the state overturns the local regulations in the next session.

It would be unethical to take advantage of the original deal since probate's unlikely to be able to overturn it since the only witness is going to say something else. 

But as time passes and you get more equity (good thing) your ROE decreases to a point where you might as well be in bonds for that amount of headache.And I'll tell you after having 10 turnkey rentals that there is a CAPEX tidal wave that kills you in year 5-10. 

That would likely increase your ROE (return on equity) on the property.

RUSH over ..Turns out it was some loose plaster in the entry that fell down ( when they moved a frIdge) and I swept it up with a dustpan and spackled the ceiling.

These guys then got jobs in the private sector or another city/county with a different retirement system - they could see what was coming before it hit.I think that some of those massive concessions have recently been overturned by courts - California is doing somewhat better financially, too.

Another thing, when a property appreciates, to measure return on equity annually, one is to add the appreciation, as if they were going to sell minus taxes and commissions to arrive at a ROE.