Short term rentals are a lot of work. 

From what I’ve read in The Economist, short-term construction loans or hard money financing could be a great fit to cover the $90K needed.

With VA loans, you’ve got a huge advantage to get started with little to no money down, and military bases are perfect for long-term or short-term rentals.

In short, by listening to your clients and providing a great service, you will make a profit. 

I am guessing that the tenant may be short on funds to pay twice for Jan, until reimbursed by the old owner, so would first make your case to the old owner who has the funds you are owed and certainly hope once reminded of that will refund them. 

A lot of my clients buy in Alexandria because of the strong rental market and laid back laws on short and midterm rentals. 

A short time later, I found myself on a plane to Spokane, Washington, to attend an Inner Circle class which was taught by Lee Arnold personally.

Luxury rentals, purchases and short term accommodations will be in high demand from Santa Barbara to San Diego and a drastic uptick in inventory for sale can be anticipated in the areas most effected by the fires. 

A 4-plex would be ideal and you could play around with doing 1 long-term, 1 mid-term, and 1 short-term, plus you, if it works on your area to upgrade your income.

I would think with the HELOC, I could run with that until I can do a refi and with the interest rates starting to come down, there should be some gains to be made and I can repay the HELOC in short term.