It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

My goal is to obtain another rental property, possibly try anirbnb, and also eliminate the cc debt if possible. 

I am seeking to obtain a line of credit for these so I can tap into that dead equity.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

I am here seeking professional advice from someone who has walked the walk and can guide me where to go from here.Some of my goals are listed below:My main goal at the moment is to find assistance in forming a financial plan with the help of a mentor.My other goals once I have established a plan:- Short Term: "I will obtain a cash flowing real estate property within the next year.- Long term:  "I will have more than or about 5-10 cashflow producing assets making me 5-10k a month in profit. 

Ensure you have a detailed renovation plan and consider obtaining quotes from multiple contractors to validate this estimate.Rental Estimates Your projected rents of $2,000 and $2,600 seem promising.

At the same time no matter how much excess insurance coverage you obtain, there will always be a policy exception for gross negligence and even negligence will likely be covered only under reservations of rights meaning the carrier can opt not to provide coverage. 

I'm currently on the hunt to find what STATE in the U.S that has the fastest process to obtain a brokers license but also can offer reciprocity agreements to multiple states.

Some of our initial baseline, no-go, criteria when we first listed were: 600+ credit score, no evictions, no bankruptcy, and income 3x rent... however, after finding that very few interested parties were eligible to even "enter a review phase" of landlord verifications etc, we loosened up a bit and went to an objective scoring model that I tweaked from a few ideas obtained after speaking to both rental professionals in my local area and some on this forum. 

For example, many will obtain a homeowner’s policy for a vacant flip – at about 1/3 the cost.