@Courtney Barnes this sounds like a a great goal, and it is absolutely achievable if you do your research and buy the right property.

It’s possible it achieves positive cash flow as an Airbnb but I worry about the down months and other risks associated.

@Heather Little A few things to consider and understand:What is the purpose behind achieving REP status?

just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time. 

.- **Set Clear Goals**: Define what you want to achieve with your real estate investments.

@Nathan G.Good question. 12,500sf: I have found that that is the min number of square footage where you can automate a facility and still achieve close to maximum efficiency with expense ratio.

So its a fine line on how to balance those things and grow whatever business you want to grow..

After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33.

For the purchase of the new property, you can consider a seller carry offer (balance of purchase price minus the down payment) or obtain a new mortgage on the commercial/resort. 

🏡🌴.This achievement wouldn't have been possible without the incredible support and partnership of Capital Construction and BackFlip.