Bringing up the job doesn't matter.

🎉I’ve helped clients transition into STR ownership before, and your situation brings up some great questions.

Look for duplexes that are going to need some rehab work so you can add some sweat equity and bring the value up as well.

BUT I have also heard that it could trigger a due on sales clause, bringing the note fully due at any moment.

Thanks to those in the forums who’ve been investing for decades and bring that experience in their comments. 

When going for a HELOC, aim high on your home’s value — let the appraiser bring it down to what it's actually worth rather than underestimating it yourself.Cash is king.

Are they bringing equity?

You can forbid pets, but guests bring them anyway: Recent surveys show that over 50 percent of travelers are taking their pets.

If you plan on going the hard money route, most lenders will require an experienced, licensed GC to complete the rehab portion.Do you have the option to bring on an experienced partner for your first that can show you the ropes?

When they eventually move out, I plan to do a full renovation to bring the unit up to high-quality standards and maximize its rental potential.I’m happy to connect if you ever want to chat.