If more than 1 year you should be able to go off the new appraised value and cashout refi or rate/term if wanting a lower rate, 30 year terms should be readily available so don't have to worry about short terms.

There is always a trade off.

I use it on all bookings, on and off platform because they don't ask the guest to pay the damages which avoids potentially strained interactions and therefore retaliation reviews.

For the most part (particularly Fort Lauderdale and Miami) requires permits and inspections of your str. if you operate it without having the permit you can get heavy fines and get shut off.

Even if California will not relent on adjusting emission control standards, and the more than 1,000 supplemental workers at the Stellantis Toledo Jeep plant who are expected to rise to full-time permanent status are laid off, on balance, local incomes are rising.For the vast majority of individuals, a home is the largest single investment of a lifetime.

However, I can't advise you on it since I focus on off-market deals.

You used a HELOC already but no clue how much is drawn.My initial thought is you should at least pay off the HELOC before starting.

@Max Murin I think you can learn a ton just off of free education with youtube or learning from someone locally and provide free labor.

Other (besides standard depreciation) off the top of head tax advantages of RE:- cash out refi gives tax deferred access to equity- 1031 for investment properties allow deferring of the gains

It sounds like your year is off to a great start.