What if franchising is part of the strategy, with a long-term goal of acquiring properties as well?

Since you’re considering converting the upper unit into a short-term rental, you may also want to implement strict rules around smoking or strong odors in your house rules to avoid future issues.

thanksRyan  @Ryan RuppertShopify is a great platform for e-commerce, but it might not be the best fit for managing STRs in the long term.

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

After the HELOC, it would drop down to about $450 per month.My goal is long term equity and appreciation, and not cash flow.

If you don't want to put a single dollar down then you can just structure a 100% financing with the sellerHey Ko, it’s nice see you again.I’ve spoken with the seller and they want a 10% down.I think I’m going to wholesale this deal if I can get good terms, but every once in a while I come across a good deal that I would like to purchase as a buy and hold.what type of loans would you recommend for traditional buy and hold? 

💪Flipping in C-D areas is smart for avoiding long-term headaches, especially when it's not worth the upkeep.

Since you're focused on equity appreciation, consider long-term rentals in growth areas (e.g., Smyrna, Decatur, Marietta), new construction or turnkey rentals for lower maintenance, or small multifamily properties for stability.

The only item I would suggest is double check the payment terms of the your HELOC... in particular, can you pay interest only or are you required to pay a portion of principle each month on the amount utilized.

I agree with the other contributor that it’s better to own a $1M asset that appreciates 3% per year that pays no cash flow (over the long term) rather than a $100k asset that appreciates 3% and pays $300 a month in cash flow.