@Placeholder PlaceholderOne word of caution I would advise: If a community or local government is enacting restrictions and also regularly enforcing them, then its often a reflection of the local community sentiment which increases the chance of a neighborhood or nearby resident calling you in if they think you may be running an STR.

Hey @Augusta Owens Bigger Pockets has been so valuable to me in my own journey, so you are in the right place.Ive been hosting an investor meetup the past 3 years and it's been a great place to collaborate with the like minded individuals and collaborate. 15-25 people show up each month and range from new investors to people,e who have been investing for decades.would love to connect and get you some more information! 

Pretty much any regular bank / lender is going to require themselves to be in first position on all the properties... so I don't think a HELOC type solution is going to work across multiple properties with multiple lenders.  

I'm an investor and co-host in Dallas, TX--- and that's where I live. 

Maybe you can find other hosts to split the cost.

I have 4 STRs including 2 for 25 years and I consulted the co-host for local cost estimates.  

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

This would make a great co-hosting opportunity without worrying about making enough to cover rent.

While it’s not uncommon for full-service managers, you might find lower rates (~10-15%) or alternative solutions like co-hosting services, especially if you handle bookings, rate adjustments, or guest communication yourself.

I have many questions that need answers so I will likely be a regular here in this chat.