So if you’re not potentially willing to hold onto it as a rental longer term (beyond 5 years), I think the risk is at least worth calculating.

Typically HELOCs are used for short term purposes, so it would make more sense if you are doing a flip.

A performance deed -- essentially a substitute for a deed in lieu of foreclosure -- causes problems with title insurance on a subsequent sale because the deed was not executed after default and good faith negotiation with the lender (the typical DIL scenario). 

I mean once you talk to them, it's pretty easy to spot if they know what they are talking about.I've work on STRs before and to be honest, it is not the most fun aspect of accounting because the volume of allocating income from all sources (airbnb, vrbo, stripe, direct booking, and so on) to a bunch of random expenses (cleaning, supplies, repairs, advertising, commissions, and all typical real estate expenses).I had to strictly rely on the client's input on what the expenses belong to which property or even units, if the paperwork doesn't say. 

A franchise is only "worth it" to the degree their systems are outstanding and can guide you through the process of acquiring and managing the doors.  

If your home inspector suggests drains are draining slowly or something along those lines then it might be worth your time to get a sewer inspection.

Here's some guidanceon finding your first deal:- Define Your Criteria- Explore Financing Options: Withyour budget for a down payment, you have several financing options to explore.Conventional loans typically require a 20-25% down payment, while FHA loans forowner-occupied multifamily properties may allow for a lower down payment,around 3.5%.

At that point, it's worth researching and finding a solution that better meets your needs.  

Generally not worth the headache in my experience.

Your plan is to be worth nothing so if you get sued you only lose the property.