As others have mentioned, the property's potential will vary heavily based on the amenities you can add, the guest avatar you market to, and what you plan to do with it in the non-peak months.

Hey Zachary I think it's essential to look beyond mere interest rate differentials and focus on strategic benefits, particularly if scaling your portfolio is a long term goal.Key considerations:Pre-payment penalties: Determine if the HELOC has any penalties, impacting your flexibility payoff.Scaling strategy: Evaluate the scalability and limitations of each financing option.Advantage of HML: Allows scaling without hard credit pulls, and no pre-payment penalties.Holding costs: Factor in not just interest rate differences but also ancillary expenses as well as overall goals of scaling.Example scenario:Property purchase for $120,000 with $30,000 renovation.

There are minimal down payment options available to first time home buyers with grants and down payment assistance on primary residence transaction. 

Here's a short list of just a portion of the features from:  https://www.myreipro.com/pricing 10 Step Workflow System InstalledREIPro Home ValueRent ValueProperty DetailsTax InformationMortgage InfoTransaction HistoryStreet ViewReal Comparable SalesRecorded Sales - Not Estimated ValuesFree Phone Number LookupCell Phone & Non-published NumbersNearest Relative Phone Number LookupSeller Phone Scripts & QuestionsGet Offers Accepted with Our Multiple Offer SystemMake Cash OffersMake Lease Option OffersMake Seller Finance OffersPrint Offers on DemandThe Cons:  For me, the $1068 for the year was just over what I wanted to pay.  

With my down payment, closing costs, and renovations, I will have put down around 70k (down payment and renovations).

So is a cost seg for accelerated depreciation only beneficial for REPS or non-W2 investors (eg. self employed or contract worker)?

I’ve got some 3-4 unit buildings that I put 20% down payment on and they cash flow about $250/unit/month.

Currently I am on MIBOR's Economic Community Development Council where we get to learn and help fund non-profit organizations that are improving our communities.

You can get in with a smaller down payment than the traditional 20% down. 

Over several years, I have worked hard to save up for a down payment, and I currently have $200k set aside in a money market account ready to be put to use.