For an example, we Googled, "hourly rate for handyman Austin, TX" and got this:AI Overview: As of January 2025, the average hourly rate for a handyman in Austin, Texas is between $25 and $25.28.

There will be multiple markets you can achieve a 7.5% cap rate especially if you're buying with cash.

The interest rate isn't that huge of a difference between the 15 and 30 so worst case scenario if you have the 30 year option is you start paying it down on a 15 year timeline - sure you'll pay a little more in interest over the 15 years, but it will have been worth it if you bought another house.

Some people only want 10-20% of their outstanding lines/debt balances available while the other 80-90% to be in fixed rate notes.

This approach avoids downtime and lets you start earning right away.Future Bookings:Taking over bookings can get tricky since Airbnb doesn’t allow direct transfers between accounts.

When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates.

Rates will at some point allow you to refinance.  

I will say that during that time, the HELOC interest rates were very low.  

For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

If rates come down (most likely not in 2025) you can refinance or just shovel cash-flow and pay it down quicker.