Even if you know the owner like a brother, you need to do your checks and balances.

Major cities where STRs have only began rising up and gaining public spotlight with the rise of AirBNB are more likely to have more shifting and less stable regulatory environments since those areas are still in the process of trying to find the balance for STRs within their markets. 

This is the point that in my mind the house has reached a balance point and is stable.

With tips, you could pay off the entire balance by March 31st. 

This month we have placed three opportunities with investors looking to balance their portfolio.

When you are done you have a cash-flowing rental and your HELOC balance is back to $0.

I like Clarksville, TN because of the strong fundamentals, minimal volatility, and balance of cash flow and appreciation opportunities. 

Talk to friends and neighbors and ask them who do they know that wants to be in the area.I think you can find someone to wrap your mortgage to at or just above your loan balance and maybe a point or two higher than your mortgage.

You have to balance the cost of being below market with turnover costs.

You then draw your HELOC balance as the down payment for the flip.