Additionally, you could also check with your insurance provider to confirm there's no active risk and provide that documentation to the lender as reassurance.

The Tenant agrees to maintain an active renters insurance policy for the duration of the lease term and any renewal periods.

My biggest advice when designing a vacation rental is to truly know the daily activities, habits, and needs of your target guests.

(For a lot of gurus, the education is just a top of funnel entry point for them to then have you find deals for them, invest in their deals, etc)If they are active in real estate themselves, I would ask how much they are making from their RE versus their courses?  

The priority is consistent recommendations from active investors. 

If you are a REP, then it will deduct from active earnings.

Is this post even active anymore, 7 years old?

I joke that he's the unofficial Mayor of Springfield based on all of the social and charitable activities that he does there.

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

Is anyone actively doing midterm rentals in this general area and willing to help some new comers out?