@Adam Weitzman We are new in the airbnb game also and I have the same question.  

Despite the extremely low LTV ratio, multiple bankers I have spoken with, keep telling me that home equity lines of credit can only be levied against a primary residence, and not against an investment property, or portfolio.

I am in the cell tower game. 

I am considering playing the long game with this property.

I’m thinking of inviting multiple contractors to a flip property to walk everyone through at the same time.

Over the years i have been extremely passive with the business and never took the time to really learn how to property invest in real estate, i just assumed i was doing things correctly, i didn't know how to do the numbers, just went with the flow.Since im down to 5 rentals and i made a very small amount of money selling off the negative cash flow rentals that just never recovered from the market crash in those 2 areas, since i bought to high in the peak of the market prior to the crash. i decided to apply for a mortgage to purchase another rental in my local area using some of the new knowledge i have learned recently, but after applying for multiple mortgages most of the places i applied basically said no, that cash flow to money lent to me is in a risky zone, basically i own properties that were not bought with rental numbers in mind, so turning them into rentals they barely cashflow except for my very last property i purchased that i did basically a flip on, that left lots of room between the mortgage payment and rental rates in the area.

I think these guys are right that it might not increase your rent on the front end but it will help with tenant retention and we all know that limiting turnover costs is the name of the game in your buy and hold properties.

Being new to the game I remember signing one document and my attorney specifically going "so no AirBnb."

ONLY do business when your starting out with reputable HML and one who is local who you can walk and in and talk to them in person.there are bigger players that are in multiple states. but NO one is in all 50.. these include.LendinghomeLendingoneLima oneVisio GensisAnchor Aloha Conventus and on and on and on.. there are plenty of legit lenders out there. 

I gave them a call and found out that the owner is an older women in her 70s that is tired of the rental game.