Airbnb says they pull external ical feeds every 5 mins (good but not great). 

My question is whether I should pull the $180K increase in equity out of the first property (which I can do using a HELOC on the investment property) to finance the downpayment of a second property, and if I do, how to treat that in my analysis. 

My plan would be to complete a $150-$200k remodel, but I wasn't sure if by pulling permits it might jeopardize the grandfathered status of the property.

We paid cash, but are currently looking to put a mortgage on the property in order to pull out the cash that we originally put in the property.

He talks about buying a house a house though has yet to pull the trigger because of the "neighborhood".

If that is the case, it doesn't matter how much it costs you to carry your property - that is what it will rent for.You can ask a real estate agent to pull rental comps for you or just look on Zillow, FB, CL, etc. for your own comps.

Outside of your personal circle, you should build a network of lenders, contractors, Realtors, and other investors in your market who you can connect with when its time to pull the trigger on a deal.Best of luck to you moving forward!

A "Full" BRRRR is usually referred to when the entire initial cash investment is pulled out at the refinance stage.

You can pull $1100 there but you probably would need to put a little bit of money into those units to get that, which will change your upfront reno cost. $795 is below market rent so you could maybe put a little higher but I always like to be conservative on the rent numbers so you don't end up in the hole.

I was definitely thinking it’s not the best location for STRs, but I did pull some Airbnb data and noticed some successful ones in the area, but not many.