Quote from @Jonathan Greene: Think of it this way.

Ideally completing light renovations like this shouldn't take long and you should  have a low holding cost on the hard money loan (if you used debt) and make a higher profit on the sale or have more flexibility on the payoff when you refinance  Plan on long-term and hold.

Your drive to learn and network will be invaluable as you explore creative strategies that maximize returns and minimize upfront costs.Feel free to reach out, ask questions, and share experiences this community is a great resource for learning and connecting with like-minded investors.

This is great of your accountant who may choose to advise that you liquidate shares during a tax year where you realize some loss elsewhere.

My question is since a lender is involved and I will be drafting up a contract how do I protect myself as to once I hand off the home he doesn't end up pushing me out (there is no sign of such and there is trust but this business)?

This is why 1/1s and 2/1s work so well for travel nurses.

@Michelle SharkoAnswering questions in step by step fashion:- Is it a good thing to do or not is a personal finance decision and it depends on the person asking it, their risk tolerance which in part has to do with how this HELOC or line of credit works and how your personality fares relative to taking on new debt (a person more adverse to debt might have sufficient savings and temperament to pay down/back the debt versus a financially liberal person might get in over their skii's as).

If this is the case, set up your listings on Airbnb etc. but block out the calendar until you are ready to start taking reservations.  

My calling is to help as many people as I can to achieve at every angle of their lives, so I am passionate and ready to tackle this new venture.

A couple questions for the group.How challenging is it to mix STR with MTR in this way?