I worry about STRs with the continuing rise in inflation and the Fed's aggressive actions. 

On top of that, the Fed gave billions of dollars for rental assistance that your tenant could have easily qualify for and you should have been able to collect every dime owed. 

Not sure if this is a possibility at that property, but definitely worth looking into simply due to the allure of nice lush grass when seeking to attract renters.All the best and keep us in the loop how things are going!

@Pete Meadowssmith Sorry to hear that, maybe you can consider installing security camera outside the house and in the basement where all the stuff needs maintenance with, so you can check if the grass were needed to be cut or not and if the sewer was acutally fixed. 

No grass   Management fee - Wife is stay at home mom.

You can't be the only one playing by the rules and so there are probably others fed up too.

The economy seems to be on fragile ground based on this "unexposed" information about the Fed repo.

Every time the FED increase their rates your HELOC interest will go up.Considering that they might increase another 1% between now and the end of the year, you should take that into account in your underwriting.Feel free to reach out if you have any questions 

I'm not sure that I would do the same thing today because the FED is busy increasing rates, and will probably do that again before the end of the year.

Does anyone know the current rates... for example, if I made 10k per month in rental income... what type of tax rate (fed and state) should I anticipate?