Quote from @Iris Wu: @Steve Mitrano, Hi, Steve, do you mind providing an update on what you end of doing in this case?

Quote from @Steve Lehman: @Jackie LiuFirst and foremost the information that everyone has provided has been great. 

I provided all info by the deadline I was given.

I hope to never need the umbrella insurance, but it provides peace of mind that I have extensive coverage.  

Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.

Your equity can provide the funds to make those improvements happen, increasing your home’s value and making it more enjoyable to live in too.Getting a Business GoingIf you’ve been dreaming about starting your own business, your equity could be the kickstart you need.

If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

-OOS investors rely on service providers like agents and PMs and think they're guaranteed an outcome instead of just paying a fee for a service.