I will check those area out.I did lose the novelty on Airbnb’s after also checking out Myrtle beach as a suggestion and went straight to looking at apartment buildings.maybe I’ll come back full circle in the future.

I just had one of my S8 tenants completely lose their entire voucher on their latest reassessment.

Is that excessive?

I have clients that have these kinds of arrangements, and while it is easier when an org fills your units, you can lose control of maintenance and cleanliness.

But there are things you need to consider, like: everyone has to follow house rules to avoid drama, excessive use of kitchen and bathrooms leading to plumbing issues, being on call 24/7 with any problems, etc.

So the property may break even or even "lose" $100-200 each month for the first year or so but that number includes the capital I'm putting aside each month for the eventual water heater, roof, or vacancy. 

The hard part is actually remaining disciplined to manage that emotion and not losing that conviction when it does get ugly.  

quickest way to lose your license is trust fund violations.

And I'll lose the inspection money in that case.

I'm interested in everyone's opinions on using a HELOC to purchase turn-key rentals for the short term and covering principal paydown across all new mortgages / loans ( HELOC ) through excess income.