@Edward BowlbyIf you do just a typical refi and pull the money out there may be restrictions on when/how you can use it - for example, with a traditional refi in many cases you can not use that money as a down payment on a new house for at least 60 days.

Do you need to restrict breeds?)

I think there's some restriction on cooking facilities, so that's something to find out more on.

There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.

Other companies do not have that restriction. 

New York is on the verge of passing a new law restricting landlords ability to collect last months rent at lease signing. 

There is not a washer/dryer in the apartment, but I do have a laundry room downstairs, however, it's the same one that my family uses and I would be a bit hesitant to allow the tenant to use that without certain time and frequency restrictions. 

Yes it is a college down but more so for BYU, which is a religious restricted college.

Hello Everyone,PS:UPDATED(MODERATOR please move or delete this post if needed this may not be the correct section)I would be interested if you could share your experiences about doing short term rentals such as AIRBNB etc in SOUTH FLORIDA around the Miami/Fort Lauderdale Area,mainly interesting in the numbers to compare with a traditional yearly tenant,I know you need to check for zoning restrictions,that a manager eat a bit of the cost and that doing it yourself is pretty demanding and stuff like thatBut it really is the return you had that interests me and to know if you would switch to something else or doing it again,I see tons of beachfront studios in the fort lauderdale,hollywood,sunny isles etc available in the 100K range that seems to be more like Hotel rooms,but if you get a constant traffic with very little vacancy it seems it could definitely makes sense doing it and tempting the adventureThanks to everyone

Hello Everyone,I would be interested if you could share your experiences about doing short term rentals such as AIRBNB etc in SOUTH FLORIDA around the Miami/Fort Lauderdale Area,mainly interesting in the numbers to compare with a traditional yearly tenant,I know you need to check for zoning restrictions,that a manager eat a bit of the cost and that doing it yourself is pretty demanding and stuff like thatBut it really is the return you had that interests me and to know if you would switch to something else or doing it again,I see tons of beachfront studios in the fort lauderdale,hollywood,sunny isles etc available in the 100K range that seems to be more like Hotel rooms,but if you get a constant traffic with very little vacancy it seems it could definitely makes sense doing it and tempting the adventureThanks to everyone