@Michael Cabaña This May seem obvious, but there isn’t much you can due to affect the objective side of appraisals.

The real objective is to help the customer in a way that works best in their interest.

I think it's pretty obvious to an objective observer that President Trump would be good for the economy, as he has been for the last 3 1/2 years.

Gain an understanding of estimated occupancy/nightly rate, required level of finish to obtain said occupancy and rate, estimate expenses, calculate potential return on investment, decide whether it meets your objectives.

This savings is compounded if the principle is paid down quicker on the HELOC, but that doesn't matter with the amortization schedule of the mortgage. 

It is going straight to the principle which means you are saving whatever interest rate that you have when you pay that.

Once it's done and the property is cash flowing, my objective has been met and I'm pretty much finished. 

Currently I don't put anything extra toward principle and did 30 yr mortage

Natural rent increases due to limited housing supply and increasing demand, appreciation, principle pay down, and depreciation tax benefits all contribute to fantastic overall returns in this market even if initial cash flow as a percentage of purchase price is not as attractive as other markets.

I'm looking to get my real estate license but the only options I can see for a license are either broker or principle broker.