This is definitely a nice tool to have if you want to use it to buy a new property in all cash, but keep in mind that you'll need some type of takeout loan after the purchase to payoff the Heloc.

Quote from @Jon Fletcher: Now that 100% bonus depreciation is over and tax returns have been filed, the next question on a lot of people's minds is: Can I switch my STR property to a long-term rental?

Looking forward to hearing your stories and collaborating with like-minded investors.

I’m new to the BiggerPockets community and excited to connect with like minded investors.

Looking forward to connect with like minded investors. 

So your 2500 in income is actually worth about 3400 a year in taxable income (keep in mind that 15 to 18% return from syndication would be taxable income)  Principal paydown would be about 1500 a year.

@Becca F. that definitely helps bring some peace of mind.

The objective is to upsell to a master mind program or the artificial intelligence datasets, which also have zero response rate.

He's also a very good operator from what I've know and seen as he does share content online (walkthroughs of the aftermath of fires at his property, etc).

Also keep in mind someone won’t pay extra for the amenities like they would if it was a short term rental