I know this post is getting a bit old, have you had your first inspection yet? 

I’m a longtime investor here in Massachusetts and looking to start a monthly meetup with like-minded investors.

You can usually get this for the project's life then switch back to renters/normal if needed.

Make sure if you go into a contract (no option period), you require a substantial earnest money.

Is this a solid strategy?

You can also look up your local REIA.

Quote from @Michelle Sharko: I’m looking to get a HELOC on my second home which I’ve only used for a few rentals, it’s basically our vacation home. 

I'm considering refinancing my current VA loan, which has a 5.6% interest rate and a monthly payment of $3,200, into a conventional loan.

Hey @Ana Mills, this ultimately depends on what your current portfolio looks like, your entity structure, and your plans to scale or not.If you have a few STRs and no plans to grow, it's beneficial to have separate bank accounts and credit cards for each property.If you plan to scale to 10+ properties and hold each property within it's own entity, maybe just a checking account per entity and keep some credit cards at the holding company level. 

Or, can you 1031 it sooner into a better suited rental?