Hi, I was wondering if I can get any current advice if it is worth converting a regular fireplace into a gas fireplace.

I have no debt aside from the properties and regular monthly credit card debt.

I also suggest you look at co-hosting instead of arbitrage.

Ensure compliance with local laws, start with smaller loans to gain experience, monitor your investments regularly, and trust your instincts as you navigate this venture.I myself, as a PML.

Up until then I was cheerleading the earlier thought experiments about supporting lean/regular/fat income with ~$1000 / month per paid off SFH, thinking “I could bang that out in 5 years”.

Those groups typically research and know what to expect, which make them “easy” to host. 

@Jonathan Bremner Happy to talk about investing over here in WNC sometime if you like, to make intros that might be helpful, and to host you at one of our monthly BP meetups in Asheville.

Aloha @Daniel Kam - most of Kakaako has a 180 day rental minimum, so if you haven't checked with your building association, I recommend you verify what the minimum rental period is for your building.If you are allowed to rent for less than 180 days, you will then need to apply for a GET license, and well as TAT/OTAT and pay the appropriate taxes on a regular basis.  

Here is a presentation I made describing the benefit of doing such vs a regular investment.

In the last 3 years, I've worked with over 650+ new Hosts.