Certain project types, sizes and property changes require a design professional (Architect or Engineer) to sign and seal plans and may also need to sign-off at construction completion. 

I like helocs on primary residence because it is designed for short term use and the payment gets allocated to a project that will make money in 6 - 12 months. imagine if they did a deal with you, and after 12 months or so you refi or sell that deal and the family member gets their 600k back.

Consider signing multi-year leases because moving after one year will likely put you in the red.You need to have a checklist of items you need to be true for the short term rental to work (parking, laundry hookups, etc.) and not rent if it doesn't meet certain criteria...you need a good product that works for your operations.You need to be able to have a good design sense and be able to add value to the unit with your furnishings & overall design...again you need to have a good product. 

And Quickbooks is probably the most popular one 

3) For buyers that are adding multiple properties in the same year – STR’s have become more and more popular but the conventional lending world struggles to use STR income until it hits your tax returns.

You can also go to garage sales to buy popular items that will resell for more on ebay.

I have seen buildings that took up a considerable amount of the land leaving little for parking and it worked meaning the design layout of the plans was well thought out by a good Architectural engineer.

But back to Cozy.co, it does all the tenant background and credit screening, at their expense, allows them to input their account bank information and give permission for the bank I designate as the recipient account to make ACH withdraws on the agreed upon schedule per the lease.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

After i bought the place i turned a portion of the basement into a studio apartment to use as an Airbnb, i intentionally designed the space to be versatile, the area can be used as a stand alone apartment with its own entrance, parking, full kitchen, bathroom and laundry or you could open up door in the hallway to use the space as a large entertainment area.