@Samuel Metcalf- Most HELOC lenders  only lend on primary homes ...the  few lenders that do HELOCS on  rentals will likely have a low  CLTV   ( and a high margin over prime  which will lead to a rate in double digits ) .. check  with the banks / credit union located close to the property  and  also maybe there will be some feedback on this thread  pointing towards lendign sources that might work 

Up, down, flat, up, flat, down, down, repeat…And to quote Economist Mark Zandi for the third time today, “[The Fed’s] got everything they need to start cutting rates…It’s just a question of precisely when.”The housing market is improving, the supply of homes on the market is up double digits this month, and in my business I am seeing a healthy spring flow of demand for both homebuyers and investors.

I imagine you'd find plenty of digital nomads in your area as well.

Thank you for replying so fast I really do appreciate that but I just have one more question, you probably didn't see it because I edited the post right after you replied to the unedited version but here it is... 

all the time, so I try to every now and then share it with others and answer any questions.Location: Metro DetroitPrimary target: Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 8-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-7%+ (has been double digit for last decade)Location: C+, B-   Some Notes:- I don't actually save 15% for vacancy, maint, capex any more.

Rest assured if that happens you won't have to inquire about that one they stay pretty on top of that sort of thing. in our area even with an increase they tend to trail market rents at least double digits. 

In this instance, just go address it And in the future, don't let this happen.For your vacation rentals, make sure there's a system in place where when any service is done there's photo proof, a timestamp, property manager digitally acknowledges, and a physical receipt there.

It's not the most beautiful work of art, but it gets the job done and it's extremely easy for someone like myself (very little html experience) to edit and plug and play.

I'm reaching out because I'm considering investing in a business that specializes in editing social media videos and boosting marketing efforts.

I don't want to get into a loan paying double digit interest.