How much equity?

Opportunity to create massive amounts of equity.

I am in West Palm Beach and would recommend finding a multifamily property that you can operate units as a short term rental, as it would have much better potential to positively cash flow and also allow you to buy in nicer neighborhoods.

There are exceptions, but generally speaking, you will spend a lot of time to gain no equity and likely end up break even with a bunch of used furniture in an optimistic scenario in my honest opinion.

Because they're often taking a travel position just for the money, they tend to pick up extra shifts whenever they can so they work a LOT.

I would still be positive cash flowing, but just barely.

But now the whole deal is in the positive . 

Seems like they are running a Pawn Shop, homeowners in Austin/Miami/Tampa etc who need cash bad sell a "HomeShare", percentage of their equity in their home for a discount, with a term of 10 yrs, if the homes go up in value as they have since 2011/2012 then NADA gets the original equity already at a premium price plus any appreciation for the total percentage they bought from the homeowner, but since Austin now down 20% in last 12 months and other hot home markets may also continue to fall, and NADA does not engage in price discovery (ie shopping for best value) as they want to obtain a "Market Value - ETF like" of the cities they invest in.

I've seen along I-20 (between Atlanta and Birmingham), or along I-65 (between Birmingham and Huntsville), areas like Oxford, Lincoln, Pell City, Cullman etc,  there are some new builds 3bd/2ba for around 200k - 220k range, rent for about 1.5k, for a buy-hold strategy, I feel comfortable as long as it has a positive cashflow (with 25% down). 

Have equity on two properties can make you wealthy in 4 years.