Fortunately, sites like HomeAway and Airbnb are in such high demand that most travelers already know where to go looking.High demand has also churned out a high supply of listings, which means hosts are under pressure to make their listings stand out.

The HELOC is good because its available funds that you pay nothing to hold on to typically, but once you use it you need to make sure whatever it is being used on generates enough return to cover the HELOC Payment and still churn out a little cashflow. 

Otherwise, it sounds like you are just churning funds every 8 years according to your plan.I hope this helps.

You call and then they give you a service number and then you call the contractor for an appt2) There seems to be a lot of churn on contractors, so you may not get the same one twice.3) For repairs, they're OK, but will only authorize contractor-grade (ie cheap) parts4) For replacement, usually they tell the contractor unless its a life-safety issue, keep on repairing it.

I think Austin will keep standing on its own and keep churning out great companies and new jobs.

People were still manufacturing buggy whips while the Model A was being churned out.  

A lot of them are just churning money, rather than making it, and of course many don't survive.

If you're doing deals yourself, trying to partner or use OPM and churn notes buying and selling, you'll have a heap of issues.As Dion mentioned, read up on notes here on BP.

Most big time developers focus on churning money in high end markets like NYC and SF, especially in a rising market.

A red flag goes up if there is a complaint where money is pooled with multiple investors and the unsophisticated public is possibly being taken advantage of, they will take notice.Yeah I feel that for the most part the SEC stuff, and most consumer protection legislation, is more to allow attorneys to churn big fees since you basically have to do it in those situations.I guess what you are saying is what I was getting at where offering a single person a lien on a property in exchange for loan would not really be an SEC red flag if nobody complained about it.