When it comes to analyzing properties, I’ve developed a specific checklist to make sure the home fits both resident needs and operational goals:Square Footage: Ideally, at least 2,000 sq. ft. to ensure enough living space for residents and staff.No Stairs or Pools: It reduces liability and keeps the home accessible for everyone (this is just my preference).Corner Lots: I love corner lots because they often provide extra parking and outdoor space—both of which are critical for families and visitors.

Hey @Brett RiemensniderThere are a TON of banks/credit unions that will offer as low as Prime on a heloc on your primary residence.

Who knows, but should prepare either way. 

Automates lodging tax returns based on your monthly transaction data Prepares, files, and remits lodging tax based on jurisdiction deadlines — for one location or thousands Allows quick access to your lodging and tax filing payment history

After closing, work on increasing your income, reducing debt, and preparing for a second mortgage.

Our primary residents also has some equity, I have a HELOC with $166,000 available funds.

land sale is in Northern PA, but we are currently NY residents. 

I had planned on buying a new primary residence  that needs a rehab that i can get way under market value.

Are you able to move into the property and make it your primary residence?

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.