Here's the conclusion for those interested:We showed the apartment at $1575 and had 7 people come through.

After applying for a HELOC and being rejected by my mortgage company and not having access to the type of money i need down for another house i've come to the conclusion I have to sell my house to tap into this equity.

My conclusion is no.

This number can be calculated very differently depending on what state the property is in (and it's generally based on the assessor's opinion, which may be a helpful starting point if you have nothing else to work with - but it's definitely not a conclusive, appraised value).I can send you some more valuation ideas if you're interested. 

I came to the conclusion that as long as I am offering a solution to a problem, there isn't necessarily anything unethical about it. 

I looked quite a bit at having a vacation rental that cash-flowed and came to a couple of conclusions, your mileage may vary but mine were:1.)

As a licensed real estate broker and formerly licensed mortgage loan officer, I personally had a hard time making them work concurrently, despite synergies between the two and, though I've come across a few who have made it happen, have gotten the same conclusion from most others who have tried; it's hard to serve two masters. 

But yeah, the price tag on the property really seems to eat away at the profits quite quickly.I'm really glad someone else came to the same conclusion I did.

Review people's profiles before jumping to potentially invalid conclusions.

My main question right now involves forming an entity and I just want to confirm I've come to the right conclusion here.