Did you use a local bank that agreed to a Seller Carry in second position?

By incorporating in another state, Roofstock can somehow go around certain rules that carefully regulate brokerage activities carried out by local brokers in some states. 

These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.

And for the record there is a HUGE difference in the amount of odor in a unit from 3rd hand smoke which is what carries in in your person when you smoke like clothes smell and breathe smell vs the smell you get when there’s actually smoking in the unit.

That strength i carry that lets me stand alone is beneficial but also as I left that crowd i was never able for unknown reasons to reconnect to a better class of people or even network.

How much interest will you pay on the HELOC while carrying and paying down that $3000 balance during this process?

I have 5 more lots to go on this project and I'd like to change it up on the next by selling the lots and managing the construction project for someone else rather than carry the costs myself.Sell one of my STR and redeploy the equity into a different STR market, thinking a ski market.Sell a flip I finished in September & redeploy that cash. 

A cash-out refinance can provide liquidity while keeping the property, though it carries risks.

You just mitigate it as best you can, carry good STR insurance and roll the dice!

DSCR loans carry Prepayment Penalties, so unless you are comfortable staying in a 9%+ rate for 5 years, I would suggest just going with a normal 20% down DSCR.