Typically, the initial upfront for the rehab is either cash or a high interest loan (hard money or private). 

I have heard of cabin / mountain market STR operators doing some kind of hiking package, or way to connect a guest to a private tour guide for an "upcharge" which gives the hike tour guide an income and the STR operator a nice upcharge too. 

So true my Dad started a company in CA in 1980 called Cal Wrap the all inclusive DT had just come out and we only wrapped PRIVATE MORTGAGES  never bank mortgages.

I've been investing in real estate but am new to private lending. 

I see some conservative areas here who would traditionally support private property rights coming down heavy against STRs.

I’m new to BiggerPockets and I’m a private money lender.

A BP fan favorite and a great way to snowball overtime. 4️⃣ Invest in Syndications or Private Lending:If you’re not ready to own property yourself, you can passively invest in syndications or become a private lender on fix-and-flip projects.

This is investing privately as a lender to a local investor or being LP on an investment such as a syndication.

I've also heard of requirements to own for at least one year before you can use the home as a STR.Hawaii is a leftist state that doesn't protect private property rights.

I'll message you privately.