Many times, when i replace a water heater and take a look into some of the short pipes that connect, they are approx 80 percent closed. 

I’m looking to purchase a 10 acre parcel either in Columbus, Dahlonega, or Helen.I’d like to live on half the land, and develop the other half into five A frame luxury short term rental units. 

We remedied the situaiton by installing 1 mini-split on the lower level.At another ranch house with boiler heat, which the previous owner had updated with a newer high efficiency unit shortly before our purchase, we added central air with the entire unit and all the ductwork in the attic. 

Assuming these are for short-term loans, such as for flips, @Keith Groshans, you could do what we do and let the borrower keep the money and pay everything when they sell the property.

I am but a short drive in the pocono mountains / scranton area.

It is not walking distance to much but a short drive to a lot and generally a touristy area. 

The short answer to you question is yes. 

Quote from @Steve Englehart: I currently have two long term rentals and am looking into buying into the short term rental arena.  

Financing for RenovationsSince the property needs a full gut job, consider:Hard Money or Bridge Loan: Short-term funding to acquire and renovate, then refinance with a long-term loan.Private Money Lenders: Individual investors willing to finance the deal for a fixed return.FHA 203(k) or Conventional Renovation Loans: If you qualify, these loans roll rehab costs into the mortgage.3.

@Allen Zhu if you are refinancing out of a DSCR loan, you don't typically refinance into short-term hard money loans.