And remember, the Federal Trade Commission warns against pay up front loans:  https://www.consumer.ftc.gov/a...Lendbase is able to skirt around this by claiming that they are just a "broker" and not the actual lender.  

You'll want to enlist a CPA on this to assist you- Repeating the above for Cancun, since it's a vacation destination already, I'd almost guarantee you that you cannot write it off 100%In regards to travel, it's also important to remember that even if everything is used 100% for business, the IRS classifies business expenses being valid if they're "ordinary and necessary".

I think the SMS automatons alone for GHL are worth the price of admission.

My net worth was about $30,000 in 2008 and it rose to $300,000 by 2014.

Is the lot itself worth 10k?

A HELOC or cash-out refinance is definitely worth exploring if you want to free up capital for more investments, but make sure it fits your goals and comfort level.

Use softwares like AirDNA and Pricelabs to get an estimate of what you could be making and see if it's worth it.

Hospitality, attention to detail, cleaning/handyman team, programs used for bookings and calendar organization, inventory audits, home maintenance, etc. are all extremely important but all of that doesn't even begin to describe all of the things an experienced property manager does.It is a matter of how much time and energy you have to invest in your properties and if that time and energy is worth it to you.

Since franchising takes some investment, I'm wondering if it's worth the investment or if doing a flip on my own to get experience is better.

Quote from @Louis Hamilton: The property is worth around 800,000 and has no mortgage on it.