I personally would stay away from Yardi, unfortunately their system is outdated and their customer service is sorely lacking. 

I spoke to my banker today and he indicated that they won't do a HELOC out of a home that is a rental - only from my personal residence. 

We dont supply washer and dryers- most tenants in our market have their own and we don't get higher rents for having them. 

Definitely that was money making time in terms of operations and appreciation as well.Things have changed now, there is so many STRs now that people are renting for 100-150 USD a night which is like a motel price.Now it may make sense from the perspective of, if Poconos is where you travel a lot with family or you are buying full cash to park the money, or tax strategy or various other personal reasons could be there where it might make sense to invest there.But coming in from the perspective of an investor who are new or have little experience and are trying to build wealth from not too heavy asset portfolio.

@Theo Van Soest Yes I personally invest in these zip codes.

(Of course I wanted to be able to jump on a deal immediately if need be) and he happened to have a personal friend looking to sell.

Please advise if we bought the property and if it was the lease from the previous landlord.One time we saw that they were smoking, but it's not allowed in the property.Also, we noticed that it's only 1 person in the lease, but it's actually 3.Please advise if we can do something with that.

What are ways that I could use land that I own to help me secure financing on a project?

thats my two cents on it From someone who has never owned a PM company but has managed a lot of my own stuff..

How does one actually raise money from individuals with such high limits of accreditation if you don't personally know wealthy people or real estate investors?