Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law. 

He also does solar deals that are out of this world in Hawaii but you need to be a Hawaii resident to get the full benefit.. what size are those developments?  

my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved  as part of the refinancing and they are paid through the loan

The lighting is a little dark in the picture but this will be a lovely/bright kitchen and living room for our next resident.

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

Quote from @Irina Badal: I heard for anonymity purpose it’s advisable to set up a personal residence trust.

Once the rehab was done I refinanced out of the private loan into a conventional loan as a primary residence.

Are you able to move into the property and make it your primary residence?

@Nicholas A.House Hacking a primary residence is the best way to generate wealth. 

So you would spend around $25-$30k a month (this was 15 years ago) on police details and require union gate and non union gate if you had non union workforce as well.In DC area, the utility providers are a huge challenge, whether getting permanent power, or water/sewer service etc - good luck.