It helps estimate ARV, rehab costs, and potential returns and offers funding options.

@Alec Jacobs I have basic low/no fee business checking accounts.

Instead of moving into another single-family home, consider house hacking a duplex or triplex, this allows you to use low down payment loans (FHA, conventional) and offset your mortgage with rental income, accelerating your path to financial freedom.

Hard to give up such a low mortgage rate, but in the end that's small potatoes compared to potential OOS problems.  

Costs a fraction of the funds compared to hiring a cold call agency.

Also, how much did the electric and plumbing fixes costs?

We're looking to gather info about likely cost, pitfalls, time required, considerations when obtaining financing, etc. 

Long term I think you end up losing your shirt here, so if you can get out without too much damage I'd take my lumps and move on.

You would end up saving the higher interest rate on the HELOC as well as closing costs.

HelloOver saturated STR in Ohio markets have caused many STR to drastically lower costs to as low as  $100 for entire bedroom home.My are higher and I'm not competitive with the lower cost Abnbs.I also feel hotel industry are mass building new hotels to compete with str.