The university town does not have many places for short-term rental (never enough for events in town -- during the year and especially in summer when they have a few big festivals, including a music fest), so short-term rentals are a plus there.   

I have a similar situation, but a little different whereas I am using a large HELOC on primary to build rentals, then re-fi, repeat, but with the rates ever increasing, getting them to cash flow at the higher LTV has forced me to leave more cash in the property.

My current building where I live in Logan Square is still technically a house hack except I am using the lower unit as a short-term rental instead of a long term. 

I have a question about two condos that I used to live in, but then turned them into rentals.The numbers I am using are not exact.  

I am using US Bank for the HELOC

So I am using the V2 Smarthings hub.

But if rates 5 or 10 percent higher in 5 years, then you're screwed and have no recourse with the guy that projected they would not go up that much.I am using more and more 5 year balloons, but that is out of necessity with getting into more commercial properties.

I am starting to put together my processes for deal analysis.I am using the REI spreadsheet that @Joshua Dorkin provided in the following post, but I think that I need a more to the point calculation to rule out properties that are not anywhere in ballpark.http://www.biggerpockets.com/forums/88/topics/2551...The following would be helpful:Suggestions on steps to take/information to collect, numbers or otherwiseQuick calculations.

Right now i am using Zelle but they do not allow business accounts so the money go to my personal checking account and then i transfer it to the business account. 

I am using Listing Spark to list the home.