When you find a tenant obtain a long term lease.

A HELOC can work for this, but keep in mind it has a variable rate, so it isn't the best product for keeping a balance long term. 

Short Term Rental - This is the permit you would apply for when pursuing a non-owner-occupied STR in the R-1, R-2, R-3, RSL, RSM, PR, OS-1 and OS zones. 

Paying off loans or saving up for an investment property are great ways to set up for the future.

I mostly look at it as a long term play, but that somewhat depends upon the location in Nicaragua. 

I don’t have time for games and dislike when loan representatives act like they can’t ball park me a loan estimate.

While it may not be the best CoC that’s considered a solid long term investment cash flow by many.

First unit lease is up for renewal on 10/31/2024 and has a good long term tenant.

I have never hired an inspector and have done 100s and 100s - appraisers  again    NO need, UNLESS your getting a loan then the bank will bring their own - contractors      Happy to help Thanks in advance, and happy hunting :) Hi have been buying and selling there for many years all while OOS.

(130-150k range). ( I do not live in NY so primary residence loans would not apply).