Do not bank on setting a new neighborhood record on $ / sqft - be conservative in your numbers.

I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month. 

.- Both Sterling and Bank of Marin offer financing to TIC developers for acquisition and renovation of buildings that will then be converted and sold as tenancy in common.

That means, no conventional loans, bank loans, DSCR loans.  

With 20 years experience managing my sfr and as a property manager for a broker and a bank, this switch into ABNB has been a learning experience.  

Bank Financing How did you add value to the deal?

I've been outbid on a number of houses by banks. 

These penalties include:Five years in prisonUp to $500,000 in finesEquity Skimming may also result in Conspiracy charges, specifically conspiracy to commit bank fraud and false statements to influence a financial institution.

Makes banks happy, but not what you want if you are concerned about your bottom line. 

He is also giving me a bad reputation with my bank.