We have 4 SFR's- 2 in one LLC, 1 in a different LLC and 4th is my personal residence not in an LLC.  

People did not care and were just loving the fact this person seemed like a nice guy.

However, it's important to carefully evaluate your financial situation and future plans before making such a significant decision.

Quote from @Peter Morgan: Peter, you need to cancel this lease and get them out.Seven is the absolute maximum occupancy, but you should be very careful about roommate situations.

No doubt the Scottsdale market is very saturated with short term rentals, but it is obvious to me that the underperforming properties are homes that are not designed properly, not photographed properly, not optimized properly, and not priced properly.I'm also fully aware of the mountain of headaches and heartaches that will come with running a business like this.. but I'm here for the challenge.Shout out to BP because a big part of what motivated me to take this journey and where I got a lot of the education needed to do this is via a weekly mastermind that I'm a part of that I found through a post in this community a few years back.Anyways, not sure who cares or if anybody out there has any thoughts, questions, comments etc.

Not long ago I took a step back to focus on family life and care for our now 4 year old daughter. 

Investment Info:Single-family residence buy & hold investment in San Diego.

So there was a SFH listed for 225k in which the seller relayed that he was willing to take care of all the town inspection requirements if necessary (They conducted a town inspection in April in which it had passed but had now expired so another one was needed prior to closing).

Here are some details:- HELOC on my primary, paid off residence (current rate 8.65% could be used to do an all cash offer.- I have a second home (condo) with no mortgage that I could also take a mortgage or HELOC against, but not for 6+ months as it was just purchased.- I could go traditional loan, using primary home HELOC as down payment, so effectively carrying two notes (down payment with higher HELOC rate, balance with current mortgage rate). - credit score is above 800.Any guidance on above options or ideas on other financing scenarios would be greatly appreciated.Thanks so much!

So just be careful.