Look into neighborhoods like Jefferson, West Park and Boulevard, Brooklyn Center, Old Brooklyn, and Newburgh Heights.

A former Rite Aid in Alpharetta, Georgia, has been transformed into Off Leash, a combination dog park and restaurant.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

In my opinion, you're better off just using a cashout refi and then parking the money in a MMA/HYSA or rolling 30-day treasuries than using these hybrid LOCs.

Finally, create a guide with info on nearby parks, pet stores, and vets.

What you can do right now is connect with an investor-focused real estate agent who has house hacked before or is house hacking now and routinely works with other house hack buyers.

10% is probably a little steep, and like John said, a flat fee may be more reasonable.Setting up a proper STR is not cheap, but once you are set up properly, you deal with routine breakage.I recommend managing yourself and saving the 20% personally, getting a rockstar cleaning team and a reliable handy person, using something like Hospitable that can help automate messaging when listing, and reading the book from the bookstore here called Short-Term Rental, Long-Term Wealth.

They have called the police on guests (in the middle of the day, for parking over a sidewalk in the driveway, for noise when guests were playing dominoes by the pool and on and on)…one neighbor yelled obscenities at my guests (in front of children), saying, “We don’t want tourists!” 

If people use propstream or datatree they also can find out more information about you.I can also see every parking ticket you got or every arrest. you are not risking anything because its very easy to find out. 

I am SO EXCITED to be speaking at BPCON this year and meeting everyone who is interested in RV Parks... and all my ladies!