I would be equally as cautious, if not more, of using any equity based LOC as a means to privately lend to flippers. 

Anything to be cautious of?

You'll want to be very cautious of what is considered normal wear and tear. 

I had same feelings while buying during 2008-2016 years and was always a little fearful/cautious. 

Stay persistent and keep moving forward.And here’s something I’ve learned the hard way: When you're looking at deals, be thorough and cautious with your numbers and always plan for unexpected costs—it'll keep you on the safe side.

State costs vary, but more or less should be +/- $750-1000 to get obtain your NMLS mortgage license (with courses) and most states permit dual licensing in which brokers can be legally compensated on both sides of a transaction.I'd be very cautious about performing dual capacities in any single transaction for two reasons: 1. 

Stay cautious, and flag any suspicious messages to Airbnb!

It makes sense to be cautious of paying for projections rather than the current reality, especially when you're the one who'll need to take on the risk and effort to achieve that potential.When it comes to negotiating, I think it's about finding a balance.

So I would be very cautious of fractionalized offerings.

You are excited to implement a plan for this new property, and they are cautious about the new landlord.