You can't in other states.You should stay in your backyard starting out.

They specifically want to stay in SF and use the equity in their home to invest.

Adding a garage makes it more likely the tenant will stay longer.

Also codes can be changed for each new tenant or after an eviction, or messy breakup between a couple and only one stays.

Hard to say what would work.Each individual has a different risk tolerance, amount of being passive versus active, needs cash flow today versus more equity growth on the back end, certain time horizon to stay in the investment,etc.Only the individual can decide what is most important and the best fit through research and self discovery.For me as a syndicator and sponsor I like deals where there is big equity gain on the back end for my investors and myself.

We need to keep at least 10% skin in the game and the LTV ratio needs to stay at 80% or less.Dan Dietz

Whatever you do, stay professional!

Five days into her stay we get automated notifications from VRBO that the payment had been reversed and they took the money out of our account.

Also pls note that my 2.95% expires in 2022 and a 30 yr fixed is currently 4.6%Your cash-out refi rate will probably put you higher than that 30 yr fixed note.Benefit of HELOC is you can just dip into it when needed, but your primary would stay the same.

They've already been paying taxes, they have someone staying in a trailer in the backyard to prevent squatters.