It’s a reminder that in real estate, continuous learning and valuing experienced advice can save a lot of costly mistakes.

You will have no or very little cash flow within the first few years but if you have strong income and savings you'll be OK.

I’d love to read any updated terms and conditions they have that demonstrates a commission for private / direct sales.  

There are local firms that will do it for you with the cost of about 1/3 the tax savings. 

If you have strong savings and income it's not as big of a deal

Not sure what the layout looks like or location - but in a solid location, which I'm assuming since it's an STR, you should be able to in the ball north of $800-1000 per room and even more so for the rooms with private baths.

@Michelle SharkoAnswering questions in step by step fashion:- Is it a good thing to do or not is a personal finance decision and it depends on the person asking it, their risk tolerance which in part has to do with how this HELOC or line of credit works and how your personality fares relative to taking on new debt (a person more adverse to debt might have sufficient savings and temperament to pay down/back the debt versus a financially liberal person might get in over their skii's as).

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Investment Info:

Retail commercial investment investment.

Purchase price: $250,000

Cash invested: $88,000

Commercial flex space. This vacant property was purchased under market value and needed a lit...

There are NO institutional investors that will jump on this kind of deal, but you can maybe find a private lender or do a Joint Venture (equity split?).