Q2 is most important: If the mortgaage is upside down, it would have to be an approved short sale and that could take a very long time to rectify.

I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

Consult you insurance broker for specifics but I found this policy to be very protective and reasonably priced.With regards to an umbrella policy they are typically good to have.  

Check airbnb.com stats on airdna or consult.

Always consult with your attorney before you rely on the above information.

You’ll probably want to consult with an immigration attorney to be sure.

One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.

I think in this scenario, I would advise against it. 5 years is a long time to pay off a HELOC, which doesn’t have a fixed interest rate.

I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

I’ve been in this space for a long time, coaching and investing, and I love helping people get started.