Ask questions and learn as much as you can to figure out your best path forward.Thanks for your service!

If you cannot qualify conventionally for a HELCO or HELOAN you could try a non-QM second mortgage.  

Its all non profit/volunteers so just other people trying to figure it all out. 

Ultimately the lender will require a personal guarantee from the borrower unless the property qualifies for non recourse financing (which is rare and generally applies to larger transactions than those contemplated or executed upon by BP forum posters).

That could become part of your negotiation and offer with the seller, through offering non-refundable earnest money and having the seller make a cash for keys agreement to get a tenant out prior to closing.Cheers,Melissa

I know that most people who OWN a property and put it on airbnb claim the income on Schedule E ("passive income"), which avoids having to pay the 15.3% self-employment tax.I'm wondering if those who are practicing rental arbitrage by renting the place that they list on airbnb also claim the income on Schedule E, or if you claim it on Schedule C bc you don't own the place that you're listing on airbnb.Whether you own or rent the property that you list on Airbnb, the activities are the same: acquiring the property, furnishing it, activating utilities, listing it on Airbnb, hiring cleaning services, etc, etc.

Ok, so I know it’s like one of the most coveted things, but can anyone recommend a good house cleaner/cleaning service?

Many would consider providing housing a SERVICE.

On the issue of Airbnb laws in Colorado ...In every instance where a Colorado city or county had a permitting process for investment short-term rentals and then changed and passed an ordinance prohibiting non-owner occupied STRs, the existing STR permit-holders were grandfathered in. 

Still, very few and far between, if any at all.Yeah I think they’re non existent as well.