I'm curious if the impact from COVID may help change cities' opinions towards using investment properties for STR's, as there is a health concern element to staying in hotels/motels where there are definitely more risks involved in exposure.

@Tucker CummingsWhen you borrow from your 401k and IRA you can not deduct the interest as investment expense as you are reimbursing yourself.If you borrow from a margin account you may be able to deduct the interest if the proceeds are used for investment.The leverage on margin is usually not very high and you are taking way more risk to trigger a margin call that will wipe out your profit if you need to fire sale during a market drop to satisfy it.I would suggest that you look at overfunded permanent life insurance policies as their cash value can be borrowed against very easily.Also they continue to compound based on the full amount even if you have loans out.

I wanted to make the community aware of Ohio Senate Bill 113 which if passed may have a negative impact on Ohio landlords and anyone, planning to invest in the state in the future.  

Thought I would share it with the community and see if anyone else had any additional info regarding the bill or its impact. 

Something may not work for human homes, and that impacts market prices, but still works fine for critters.

But if it is going to permanently become an investment property, you may want to transfer it in order to separate your personal assets and liabilities from your business ones.

In addition, the use of an LLC in conjunction with an SDIRA can streamline the transaction process and reduce the costs associated with using and SDIRA to invest.Factors that impact the cost are state fees associated with LLC formation and maintenance.

so I've got about 125k of equity in my home and was planning on refinancing to capture that equity for my next project but no-one will loan because my employment isn't "permanent".

They know nothing about life insurance and annuities and are simply rehashing what they may have heard at one point or another.A properly designed and over-funded permanent life insurance policy is a great financial tool.

This lifestyle has afforded us the ability to dream for Finanicial Independence while making a more immediate and significant impact to our causes then a W-2 could.