ELOC on investment properties are slightly hard to find but when I last looked (maybe 1.5 years ago) I found a few.I have purchased multiple properties at below 1% that cash flow at 20 or 25% down (i.e. without artificially making it cash flow by placing a lot of capital into it) using what many people would consider high cap expense numbers (I usually use $250/month for attach multi units standard rental size and $300/month for detached or SFR standard rental size: San Diego is expensive with expensive cap expense). 

.$100 entertainment$400 insurances and medicine (now on medicare with the extras included)$30 property taxes (remember this is personal property so taxes are very low)$12 mobile home annual registration$9 pickle ball indoor club$150 fuel (I just bought a 1990 Suzuki's Swift on craigslist for $2200 – 44 mpg)$35 vehicle registrations in South Dakota(only counting two of five vehicles)$2395 (this is based on two people, two vehicles etc.)

So between loans and credit cards she was able to have 3 surgeries, chemo/radiation treatments , and medicine.

So nightly rates are artificially inflated.One of my condos in Kauai is a "top 10" performing condo according to airdna.  85% of my rentals are from VRBO and I have zero idea how the stats on that listing are made but it's way off from reality.

You want the residual to be really really high, like to the point it's artificially high (because it's set by the bank). 

Equity only buys artificial cash flow at a very high cost  (10%) and will ultimately create negative cash flow turning a investment into a liability.

With construction costs being artificially low due the current labor surplus, lesser weight was given to the replacement cost approach, as follows:Method        Value          Weight          Weighted ValueComps          $100k         30%               $30kCost               $90k           10%               $9kIncome         $125k         60%              $75kMarket Value:                                      $114k"It is not uncommon to see only 2 of the 3 methods use (for example, comps and income for an existing property, or comps and cost on new construction).

Renton:Valley medical center is here and so is the Seahawks training center so there's tons of sports medicine places too.

@Jaret Lara, It would certainly decrease his basis and artificially increase his taxable gains. 

And stage with artificial flowers inside and out