However, I’ve read that some banks may not permit this arrangement.

Hi guys,Some literature I have read indicates that sometimes you can open up a HELOC for free.  

I spent months, no, years, reading books, buying No Money Down cassettes, (Carleton Sheets, anyone?)

I will keep you posted if I pursue investments in Kissimmee, I appreciate the feedback!

@Stephanie SelbyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I've been re-reading the BiggerPockets book The House Hacking Strategy by Craig Curelop, and the numbers are eye-opening.🔥 Why Co-Living & House Hacking Work So Well Together✅ Higher Rental Income Per Unit – Renting by the room typically beats traditional rental rates.✅ Lower Vacancy Risk – Losing one tenant doesn’t mean losing all your cash flow.✅ More Affordable for Renters – Competitive pricing attracts a steady stream of demand.✅ Built-In Community = Lower Turnover – Tenants stay longer when they feel connected.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!

Have you read, "Long-Distance Real Estate Investing" by David Greene?

They did get immediate payout from their STR insurance policy.To everyone reading this - This is not something you want to do.

I have both listened to the podcast and read some of the books produced by BP so it's been fun learning about different strategies people have used to expand and grow their portfolios.

You can also search Google and read reviews.