Would love to hear from the community on their thoughts or experiences.  

The information shared is based on my experience and industry knowledge and should not be considered tax, legal, or financial advice.

Quote from @Shayan Sameer: Hello,real estate investors,I have a question for those with experience pulling home equity to fund new investments.

Also anyone know if you can list it on AirBNB as an experience not for overnight stays?

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

There are likely larger users out than than what I deal with, but at that SF at least in my world you are likely looking at multiple tenants, not sure if thats what you planned or not.additionally something else to consider is the cost of buildout on a med office space. depending if they are going to have x ray or not its not uncommon to see $500-$800K buildouts in my experience. 

I am not calling them a scam, but based on my experience up to this point, they are not in a position right now to provide the customer experience necessary for the associated 50k fee to join.

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

When you specifically mentioned STR experience and the possibility of something with some added "personal value" bells started going off. 

I understand you have a lot more experience than me (and experience is often the best teacher) but I still think I have done some things right with this property and I think it works out long term.