@Samuel Metcalf- thanks   1) I would recomend getting a HELOC in place on your primary residence duplex  for  as much as  possible...this should be available for  free or a low  cost and the rate will be variable in the  8-11%  range ...prime rate +  margin of  1-3% ) ...the min payment is in interest only payment on outstanding balance   2)  use the heloc for the  remodeling  costs ...pay it down as  agressively as you can   3) on the  purchase of the investmenet  1 unit -  you are  allowed to put as little as 15%  of the price for your down payment ...the pricing you get for the loan will improve  as your down payment  grows so you might look at  75% /  80%  and  85%  ltv  options 

As the founder and Team Leader of The Ivanov Group at Keller Williams Realty, Dianna oversees real estate teams in Bergen, Ocean, and Somerset Counties.

HOA now will be allowing max 3 rentals per year, which they say avoids the potential "grandfathering" issue.  

Im looking forward to networking and building relationships and a team with people in this community. 

I would focus on connecting with a good team you trust.

I read it is best to get a Team and I am attempting to grow that Team. 

I typically allow my tenants to rescind the 30-day notice as long as they are up with their payments and are not violating any rules. 

The first thing you'll want to do is define the zoning and what the allowed uses are for that property.

(CA, if that’s your state, does allow it under certain terms). 

Some municipalities in Pinellas County are a bit more stringent on STR rules even though the county itself allows nightly rentals.