@Matthew Lamoreaux I think if you can find a rental, long-term or short-term, that cash flows well in today's market then this should be a factor that should be viewed as icing on the cake and should be used as a potential solidifier of a deal.

https://app.tango.us/app/workflow/BiggerPockets-free-Short-T...

I'm particularly passionate about short term and long term rentals.Outside of real estate, I enjoy the beach, reading, working out, and hanging with my family.Excited to learn and connect with you all!

Hey everyone,So I applied to test for a GC license in California, but was short on experience.

that is very, very expensive money. the best use of a HELOC is typically for something short term. 

In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.

It could also be worth looking into short term bridge debt.

Being so close to the bases, you could make change it at some point from a long-term rental to short-term (for families coming into town) or mid-term (for military contract workers) and that would earn you more.For now, I would keep saving and invest in something else and leave this as it is.

An increasing number of cities are placing restrictions on short term rentals, including on the Oregon Coast, believing that they cause a housing shortage for locals. 

Looking to expand my portfolio to small MF/ short term rental houses.