Here is what you select to add a shortcut:

My wife and I heavily prioritized location when selecting our STR in New Orleans and it has made a big difference.

And has anybody taken advantage of a home equity agreement before and can give me pointers? 

This is a great place to learn and to connect with people so take advantage of all the great resources.

Decided to pull the trigger finally in RE investing, taking advantage of interest rates and some on hand cash.

.- Holding generates ongoing cash flow, equity growth, and tax advantages from depreciation.No right or wrong, each approach aligns with different goals, budgets, and risk tolerances.

In this response, I will outline the process of selecting an investment city based on financial goals.Financial independenceFinancial independence goes beyond reaching a specific dollar amount, like replicating your current income.

Please provide Checklists.Comments: select all the follow up questions.  

If you've lived in your town or city for 5 or 10 or 20 years, you will know things about it I can never know and thus you have a distinct advantage over me when it comes to investing - you know what a good price is, what a bad neighborhood is, what house looks good on paper but is underneath the airport flight path, and so on. 

Unless you are someone who is going to take advantage of the leverage offered in an FHA loan, I am generally in favor of purchasing investment real estate in an LLC.