We help locate properties, furnish and decorate, manage, cohost, maintenance, and we even are expanding our direct booking website and programs.

The plan was to knock it down and construct a new building, one fitting for the style and architecture of the neighborhood. 

Unless you are VERY confident the house used as collateral will retain its value, I would stay away from a HELOC at this time. 140k could be gathered through a syndication style agreement with any investors getting somewhere around 8% as a preferred rate.

After managing these types of garden style apt. properties for years, I always wanted to get on to the ownership side.

Thanks  We do about 15 flips a year, ALL with Floor&Decors Duralux Performance brand. $2.50-$3.00 a foot. 

That said, you can do and FHA203K or a Fannie Mae Home Style Renovation loan or any number of owner occupied type renovation loans offered by various lenders.

Most comments already suggested great ideas: - professional photos- Utilize FB groups - Social Media account for the propertyA few i might add: - professional decorator- Auto messaging guest (will save you tons of time) **Hospitable or Guesty is a great software for this** This will help you get more reviews thus superhost status thus more bookings- Dynamic pricing **Pricelabs** - Not sure what market you are in but what i do for my market is lower prices on weekdays and give discounts for longer stays (4-5 nights) - Find Local attractions and ask if they will advertise your airbnb on their site in exchange for putting flyers into you home during stays (go to them with projected # of bookings you will get in year and they might be blown away. 

Purchase price: $140,000 Cash invested: $450,000 Started with a raw piece of land Built a town home style duplexRefinanced out the money to build another What made you interested in investing in this type of deal?

Some other things to think about - with arbitrage, they buy all of the furniture, linens, kitchen stuff, TVs, decor and everything else needed. 

The furniture and decor took me 2 months to style it a certain way.