If I decide to take the loan out I would pay for the property and have tenants pay the monthly on the HELOC and have the cash flow if any go into the principal.

Corporate housing dealing with insurance claims is when some files a insurance claim do to a fire or flood … etc  and they stay at your house instead of a hotel so they can still have a house instead hotel to be more comfortable 

Some platforms, like Airbnb or VRBO, may handle the collection and remittance for you, but it's important to verify this.Make sure to register with the Florida Department of Revenue and Pinellas County to file and pay these taxes.

The apartment had new plan filed calling it a home office, the living room was called a waiting room, and the kitchen was renamed an entertainment bar.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

They have actually paid down extra principal every month.

When I looked into the tenant's background check, I found 3 forcible detainers and 1 civil filing from 2009 through 2018.

The person being taken off the lease is not wanting to live there anymore and by law can terminate early in Indiana due to protective order being filed against roommate/girlfriend.   

I guess the only thing I can do is want and see if the Sept. 1st rent shows up and if not be ready to file for eviction ASAP.   

After that, you'll need to start repaying both principal and interest, which could also affect your cash flow.However, the flexibility of a HELOC can be beneficial, especially if you plan to make strategic investments that generate higher returns in the short term.