I am particularly interested in areas which I can either start earning right away as short term or long term rentals - Miami area or Bay area sounds like a good option for me.

Looking for long term financing options.

You would need to consult with a (local) lender to see what is available to you for that property, but I am assuming 20-30%.You would likely have 2 options with that property - 3 2 bedroom unit listings, or 1 6 bedroom listing. 

You may want to consider promo rates on an equity line as well and if they offer you the option to convert any part of the equity line into a fixed loan.

Open to any and all options and appreciate the advice/input from qualified, experienced, investors and professionals.Thanks in advance!

That leaves me to think the primary option available would be to look at a LTR instead.  

It's a good time to shop all policy options -- landlord insurance, commercial umbrella, personal umbrella.

Vinny - I would say that if you're next deal will be a BRRRR you have a couple options for finding the funding, including: 1) Taking a HELOC on your primary house assuming that when you refinance you'll payoff the HELOC, 2) You can also use a loan from someone else like a private lender (friends/family) in which you pay them 10-12% for the use of their funds, OR, 3) You can use a hard money lender in which the rates are a bit higher and there will be some points added as well.

However, condos are typically cheaper and you could find more options if you have a limit to what you can spend.

There's a few options to file this form:1.