I think a heloc is a solid method to fund a flip.

I recommend that you only communicate with the tenant in written form (email/text) which can be used in an eviction proceeding. 

Clear communication and budgets.

We've used Reg D 506(b) for our syndications and ONLY communicate with investors that have a prior relationship with us.There are two illegal activities that I see all the time. 

I hope to find a single-family home with at least 4 bedrooms, use the BRRR method to turn it into a short-term rental property.

I want this to be acceptable long term if I keep this method of financing. 

House hacking is the best tried-and-true method for new investors in my opinion.

Either way, clear communication with the guests about who’s managing the property is key to keeping reviews and satisfaction high.Permit Timing:The permit delay makes things tougher, but if you buy the furniture and keep future bookings, you might be able to use that time to update décor piece by piece without fully shutting down operations.

Creating an LLC and getting insurance on rental are two methods of "Asset Protection" that most real estate investors use to protect themselves and their assets. 

The R2R team was great with communication, providing guidance and insights, and getting me in touch with the proper resources.