But I think the better option is tenant pay for it, that way they will know it may go against them for not paying rent..

Two years ago, this approach would not have been an option.2.

Feel free to reach out, I'm happy to chat and discuss options :) 

I had it up and running in less than two hours and already had my first reservation via Airbnb.As far as the co-host goes, I am moving forward with the VA option to co-host with me.

@Jerry Chilimidos,Here is a list of lenders who specialize in lending to IRAs and 401Ks:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...I don't know where your rentals are located and how they are performing but selling might be an option vs doing cash-out refi.I would certainly consider option C.

Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).

Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.

Your strategy could change the best loan options for you.

Albany, Syracuse, Utica, OH, PA, etc.) for cashflow.The challenge in these markets is that demand is through the roof, and many properties either sell at the asking price or above the asking price (Suffolk's sale price average was 1.5% ABOVE the asking price).If I were in your shoes, I'd explore local and remote multi-family options before considering the mid-term rental route.All the best!

Don't be so quick to indebt your paid off townhome until your learn creative financing and review all your options.