The equity in my primary and other properties, combined with my income, provides the flexibility to borrow as needed—and I only pay interest on what I actually use.

I fired them last year.I just opened my mail to find a notice from a COLLECTION AGENCY stating I owed them money.

Quote from @Frank Pyle: My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

If its a Class C I'd go for a more affordable unit, there's no point in putting in more money than you have to. 

There are less expensive hard money lenders out there. 

But you have the option to just pay the monthly payment up to maturity in case something goes wrong or if you decide you can use that money better to just build another property instead of paying it off. 

Hopefully someone else will actually have something positive to contribute, instead of a rude response that adds no value, and just adds to post count. 

One option I have is to demo and rebuild the house using insurance money but it will take about a year and lot of involvement.

But there are a few ways to shake things up:Cash for Keys: Offer them money to move out.

What I've found is that it offers too many configurations and if the user isn't aware of what the outcomes are, it can actually make them loose more money faster.