This locks in your monthly expenses, versus  HELOC that is variable, and matches well to the long term hold of the rental.I use HELOCs for shorter term capital needs, i.e. flips, or even possibly the acquisition and renovation of a rental, but always with the belief that I will have it paid off in under a year, typically 6 months.  

Some lenders can refinance a hard money loan after 3 months of seasoning / waiting and use the new appraised value if the borrower is looking to pull cash out for a new project. 

You could refer the person to the state attorneys office because they knowingly had no intention of paying rent (or security) in that case.You may want to stay away from credit card payments since there can be a dispute by the renter for up to 6 months. 

It's been a crash and burn learn process but I still started getting reservations within 2 months and a LTR that will be with me until next year. 

So that was about 6-7 months in.

We do have a meetup that happens on the third Tuesday of each month (Tomorrow!)

Just did this in GA 3 months ago.

I have just told a tenant that we are not renewing his lease which is up in 2 months, he is very upset. 

To fill a vacant mobile home park lot typically requires bringing in a home and selling it, while filling a vacant RV park lot simply means somebody pulls in their motorhome or travel trailer.Think of RV parks more like owning a restaurant (and the hands-on management that entails) while owning a mobile home park is more like owning a parking lot that rents spaces out monthly and is much more passive in management.Some people just prefer one business model over the other.

I briefly heard about this company from an investor friend few months ago, I tried to google but not finding much online information about them either.