As others are noting, it's important to run your numbers and would probably only recommending pulling from the HELOC for short term opportunities.

Check local short-term rental regulations.3. 

Look James, to put this another way, Short-Term Rental industry destroys you're entire argument!

Short term it’s too risky with super high P/E ratios.  

Once you have a short list, get an account with each one and run them through the wringer to see how they really function.

Note that a month is a really short time to work out a six-member LLC. 

Short-term rentals (STRs) offer a way around these limitations by being considered active income if you meet certain material participation requirements, such as working more than 500 hours or 100 hours, surpassing anyone else involved.

I am hoping to find a single family home that I can "BRSTRHHRR" (buy, reno, Short term rent|House Hack, refinance, repeat) by creating a separate living space in a single family home that can be STRed (this is due to local restrictions in my town that prevent STR in multifamily properties). 

Explore real estate investments, leveraging depreciation or cost segregation to offset income.If you qualify for Real Estate Professional Status (REPS) or invest in a short-term rental with material participation, rental losses can offset W-2 income.

For Medium and Short Term rental properties professional photos are always recommended.