The Tampa Bay area can really be the best of both worlds in terms of appreciation and cash flow, as long as you execute correctly.

With the upswing in the country's short-term and mid-term rental markets, a unique opportunity is presenting itself to house hackers during a time when it's harder to cash flow than it was a few years ago.

And I would like to stretch it out longer to improve cash flow.

my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved  as part of the refinancing and they are paid through the loan

Renovation cost is roughly $30K.I guess what throws me off is that you say Cash invested: $60 

I know this is above and beyond what most municipalities require, but being fair will make the whole process easier.Additionally, a new landlord can reduce the 60-90-day notice by offering more moving assistance (cash and/or labor) if they move sooner rather than later.

The neighborhood has been flourishing, making this incident highly unusual.What initially drew me to the property was the potential for high rent and strong cash flow.

Purchase price: $90,000 Cash invested: $15,000 First home that I over paid for.

If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing.

At this time, I am having to pay all cash in order to close.Purchase price is approximately $600k.