That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

I'm in the same boat for reference- I bought into the "buy now, refi later" idea and am sitting on a 7.375% on my latest property acquisition and a commercial line of credit I have is at prime + 1 (so 8.5%).

.- Could take all current cash flow and a few thousand a year to pay off the property in 5-10 years.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.

However, even though every house, market, and buyer may be different, these few design elements work literally anywhere.If you have double sinks, use double mirrors and a vanity light above each mirror!

ALWAYS ensure the contractor walks the property with you or the realtor and a CLEAR scope of work is defined.

Knowing your current state comps is a great place to start and a real estate agent can help pull those figures quickly. 

TDAs offer peace of mind and a safety net, while real estate provides growth potential, tax advantages, and wealth-building opportunities.

I financed this property using down payment funds from 403B and a local commercial bank.

It sounds like you've got a solid foundation and a great game plan, especially with your background in North Padre and passion for fishing, which could really set your STR apart.

And a lot of old school GCs may not have the ability to take a CC and may not care to learn how to...Main question is: why do you want to do this?