But as long as you're in the right area for the type of tenant you want to attract to its not that bad.

Did my rental analysis and it would work fine as a long term rental.

I’ve been in the real estate business for almost three years now and have completed five deals: one buy-and-hold long-term rental, one short-term rental, and three fix-and-flip projects, for which I helped raise capital.

Quote from @Vincent Pflieger: Hey everyone,I’ll keep this short and would love to hear from investors who have successfully leveraged a HELOC to scale their real estate portfolio for both short-term cash flow and long-term wealth building.I’m about to unlock $200-250K in HELOC from my primary residence (a condo in NYC), and I know there’s a powerful strategy I can implement.My current plan:✅ Acquire a 10-15 unit multifamily in a mid-sized market (AL, TN, OH, etc.), targeting a $700-800K deal with value-add potential.✅ Use 20% from my HELOC for the down payment and finance the rest with hard money.✅ Force appreciation over 6 months, then refinance into a DSCR loan to pay off the HELOC.✅ Rinse and repeat!

Alternatively, DSCR loans offer long-term financing with lower rates, but they come with more complex requirements.

Whether you choose short-term or long-term rentals, learning and analyzing deals will help you make the best decision.

•The short-term rental market is competitive, but that doesn’t necessarily mean it’s a bad investment.

Short-term stays tend to bring higher revenue, but long-term rentals can provide stability.If the area gets strong tourist traffic, STRs could be a great fit.

I wanted to list for 230k realtor stated over priced so will list 217k Also considering long term air bnb.Thank you!

🚀 Sounds like you’ve got a great approach to real estate—fixing, flipping, and building long-term wealth is a powerful combo.