What are current loan terms today versus 2 months from now versus in 2 yrs?  

If it's worth that much, taking a HELOC on it should not be an issue at all long-term or short-term as long as the bank will do it.

Tampa, Riverview, and Wesley Chapel are booming for BRRRR and long-term rentals due to job growth and population demand, while St.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases. 

For my family investing OOS is a big long term goal (most likely south with mountains), but it's never been the main plan. 

For 2023, since your property was rented out with an average stay of under 7 days, it should be classified as a Short-Term Rental (STR).

If it's long term and you have control of the lock then you can do the same.

💪Flipping in C-D areas is smart for avoiding long-term headaches, especially when it's not worth the upkeep.

The owner should look at it more like a DSCR, and should be pricing the property and offering terms such that the income from the property is adequate to pay back the loan.

A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.