Although the intention of the HELOC is discretionary access to capital, the final purpose is usually for long term reinvestment or portfolio expansion.

We had a primary and secondary residence and a long term rental when we purchased a vacation property in Punta Cana in 2016 to also use as a vacation rental when we weren't there.  

Purchase price: $213,500 Cash invested: $20,716 Short term rental on Table Rock Lake near Branson, MO.

I'd really appreciate the chance to review the terms and conditions before making any decisions.If you've gone through this process and have insights to share, I'd love to hear about your experience too.Thanks in advance for any help you can offer!

A lot of accountants now say that it is perfectly fine as long as it is documented as an arms length business like transaction.  

the returns are long term.  

It took a long time.

But its lifeline is the single I35 highway running north south...In terms if Economic development- I can speak for Hutto, they are take big steps to attract investments that is boosting the local economy.

Recording all the information in the world on short term rentals isn’t going to help you if you get into long term rentals and vice versa.

I’m looking for some guidance in terms of how to really get started and where/how to find the best Airbnb/rental properties for investing in Florida.