We've helped lots of clients with house hacking around the Austin metro.

The tech industry and manufacturing growth in Reno also provides for a different client for short term rentals, something to look into.

To avoid unnecessary liabilities, delaying acceptance or exploring a cash alternative may be the safest financial option.This post does not create a CPA-Client relationship.

@Arthur Savery, Many of our clients are taking a similar route. 

Quote from @Frank Pyle: My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

I will keep you in mind for any clients or myself! 

I'm happy to connect you with the lenders our clients work with for this strategy in the Austin area.

One of my clients had a $1M deal under contract where they needed to do a $300k raise. 

@Andrew Slezak we're pretty aggressive about rent increases for our clients, but some of them won't approve us to pursue.So, don't automatically blame the PMC!

Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff