The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.

One year stuck with a disrespectful tenant is one year too long.

And if still in Spain, how long until it's in US and is shipping additional or is price landed? 

I own a duplex that was built in 1989 and has had 2 stable long term tenants with no interest in selling.

My short term goal is to start investing in single family homes/duplexes within 100 miles of Boise as long term rentals.

As long as it stays optional to the tenant I don’t have a problem with it.

@Dave Allenhello. this is going to sound reductive but if you want something immediately cash positive... i'd go with a savings account.rentals are long-term cash positive. 

Hi @Frank Pyle,**I am not affiliated with any of the companies mentioned**To secure long-term financing for your Airbnb, look for DSCR lenders that accept pro forma income instead of requiring 12 months of rental history.

That will put us into the long term capital gains category on the sale. 

I have filed for eviction on one tenant that I have placed in my career, and I was able to negotiate him out long before the court date. 99% of the time, eviction should not be a driver for whether you invest.