The business financials are as follows- net worth: $20,500- assets: $49,500- liabilities: $29,000The line of credit we were specifically looking into is a line of credit against our stock assets.

Although we do have CA Fair Plan fire insurance on it.Any guidance would be much appreciated.

Curious about the things i cant see on airDNA, and more about how any regulations and state/county specific costs have affected yall before i dive into a purchase there?! 

@Matt DornakWhat is the specifics- If it’s selling a property to buy another there could be programs that work but other than that, no owner occupied loan to delay financing

@Bunti PapuI recommend finding an accountant who specializes in real estate taxation and tax planning to learn about STR tax strategies.

Don’t hesitate to seek professional advice for financial planning or even emotional support if things feel too heavy.

There are lots of options to meet, I think it all comes down to how many people are planning on showing up. if we have 20 people coming then we may want to find a better place than Timmys or Starbucks but that's just my impressions.

Specifically, eyeing entry-level markets with all in purchase + rehab between $80k to $170k.What markets do you think I could maximize the likelihood of recouping most, if not all, of my cash?

If you had planned a 6% raise when you have the legal grounds to do 8% or 8.5%, always lean towards the higher rent raise.

If you have any questions specific to ME, let me know!