At lease renewal increase the rent $50 per month and then the same the following years until it is at market rate and more than likely the tenant will leave on their own and you will have still gotten the rent for that entire time until they moved out and built up your reserves for that property.

Agree, STR are saturated but given the numbers, I expect unsuccessful players will leave the market.  

HELOCng a personal residence could leave them homeless in the event they fail at this.

There are limits to this as well (when someone stays the whole time and doesn't say anything while there), but if someone chooses to leave early or right away, give them their money back before they drill you with a 1-star review.

Main goal of All In One heloc or 1st Lien Position Heloc:  Lower your daily average balance.Main Drawback: Rates are substantially higher than 60% of current 1st mortgage balances.If you are mostly living paycheck to paycheck and your money leaves your account as soon as it comes in to pay bills, this is not for you. 

Many developers leave the tubs without even a hanging rod which looks incomplete.

I’ll leave the higher-paying job solutions to the experts in that field, but I do believe both sides are important to address the larger issue.I appreciate your insight! 

Hi Sam, I would say that you should consider leaving this deal if you are concerned moving forward. 

I obviously have no way of verifying whether you own the asset or not, but find it odd that you'd throw away years of attempts at building your reputation and leave BiggerPockets rather than simply shut Melanie up by stating that you own the thing. 

Most any parcel here In Oregon that you can subdivide will be priced as such leaving some delta above.. but like for me it takes years to find one that actually has enough profit for me to move on it..