I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners. 

One was purchased a  few years ago by an out-of-state owner who has decided to sell and has doubled in value.

I'm not sure why that metric has held true but it still applies, the properties that perform well above that ratio are the owners that treat their STR like a business.

HELOCs are generally provided to properties that are held in the owner's personal name.Are your family members not interested in refinancing the property?

My dream of being a business owner and quitting my corporate job was slipping away from me.

Eventually people die off and the homes go up for sale cheap, get abandoned and the park owner picks em up cheap and takes in the extra little bit of cash for the POH rental. 

It’s also easier to diversify because usually you can put in a smaller amount as a fractional owner, rather than having to purchase the whole property like in directly owned.  

I'm an independent agency owner that represents both Foremost and Obie.  

What I can also tell you is that as an owner in NY, the landlord laws are very much designed to protect a tenant as opposed to here in Detroit where the laws are designed more fairly to protect both the tenant and the landlord.

I have a few questions- "We started an LLC" "We purchased a property" Who are the legal owners of the LLC?