The second is the conforming loan limit. 

I personally think Airbnb is here to stay but it will be limited to corporate arbitragers and homeshare hosts in the cities that don't currently have ordinances due to the bad PR that Airbnb has around it.

I am limited to where I can put these obviously, and initially decided on putting the upstairs units in the kitchen.

Otherwise, your loss would be limited to 3000 and could not offset your ordinary income. 

You actually will need to take it out to sustain your lifestyle. 

So with kids, time is more limited.

You should also look into the tax implications of a HELOC vs. conventional loan as I recall that there are now limitations around the deductibility of the HELOC interest payments depending on what the HELOC is used for.

Most regulations I am aware of, which is limited, make it clear that once a property is sold any actions on the part of the seller do not transfer to the buyer.

Also, this loan has limitations, which are that the property must be located in specific "healthy neighborhood- target blocks" .

., a lot of folks don't really understand how an LLC limits your liability.