Keep us posted if you find out anything interesting/new. 

Quote from @Joy Daniels: I manage short-term rentals in the Sarasota area, and I'm always looking for innovative ways to boost occupancy rates year-round.From your experience, what marketing strategies have had the biggest impact on keeping your properties booked?

If your business is worth significantly more than what you owe on it, you may be able to borrow against that equity to fund your first deal—rather than walking away from a potentially appreciating asset.Some investors take this route, keeping ownership of their business while using its value to qualify for financing or attract a capital partner.

Also Lets Say i take out the 155.000$ Loan and never pay it would it be like selling my house where the lender keeps my house as collateral for non payment Or do i loose my House and have to pay back the lender155,000$ that i barrowed? 

I have 3 per property and find that to be the best way for me to take advantage of their high APY and also keep things super organized.

We made a lot of mistakes like working in the wrong order and doing work just to keep my employees busy.

My plan was to keep the condo as my residence, but after a year, refinance to fund a down payment on a multi-family property, either out of state or in the surrounding NY area.

Keep in mind you will probably have a deductable to pay first.

although keep in mind this narrows the field of buyers quite a bit.. 

You’ll pay more for tax prep, more for record keeping, more for financing but what will you get?