No lenders going to do your loan knowing that you plan to cash-out refi the max LTV to defer taxes and then go and pay taxes on the remaining profit, because that would result in the lender getting an early pay off within 6 months.

Are you planning on holding onto it after the renos or are you considering selling?

You may loose some of the protection from Airbnb, but in most of the stories I see Airbnb typically takes the guests side and holds host financially liable with no recourse in many disputes.

My plan was to keep renting the house, however, the property manager has given us an estimate upwards of 30k in repairs for it to be in rentable condition again. 

However, challenges persist as reflected in the rise of nonperforming commercial real estate loans, particularly in office properties, prompting banks like PNC Financial Services Group, U.S.

🌎Based in Suwanee, GA (Just north of Atlanta near Alpharetta), and planning to invest in Forsyth County, GA and in Lake Junaluska, NC (30 min outside of Asheville, NC) 💫 I plan to buy either a STR, a BRRR, or flip a nearby property in my zip code to learn more, and find out if this is right for me🏠 First got interested when a very successful colleague and Product Manager at a startup in LA left that world to get involved in STR in Joshua Tree, CA.

It will be such an amazing achievement to reach financial freedom through cash flow—that is my ultimate goal as well! 

This is a good plan, Erik.

Use plan for cash purchase at list price $100K and title the property to solo 401(k) plan. 

I plan to start house hacking not too long from now but am currently trying to talk to local investors and talk about there experiences with investing locally.