This is DR Horton SFH, and is a newly built single story 4 bed, 2 bath that is surrounded by expensive MI homes. 3) Move into the townhome. 4) Use my $130,000 HELOC as an emergency if rent defaults do happen and save for a year until I reach my emergency fund goal of $41,000?

Do a Reverse ExchangePlan ahead - Plan to win!

You would need to document your hours along with the hours of anyone else.Do you plan to pay this 'co-host'.If you list that as an expense on the return it would likely turn as a flag in the event that you get audited.Best of luck.

However, there isn't a strong sales history, so we are going to pass on it.I have another deal lined up that I plan on purchasing in the next few days.

Saves them a little effort if they choose to use them.

Do you plan on holding it for 10 years?

My kitchen cabinets aren't super old, so painting them would save money (I believe), but Im wondering if it even matters.

Im looking to move our 5 (soon to be 17) short term rentals over from being solely listed on airbnb, to a comprehensive PMS system to save on airbnb fees and build some efficiencies into our workflow.

Would save the board so much time.

If you had the same equity, what would be your plan of action?