Also, if you put in money into renovating your current home, you can increase the equity and qualify for a higher HELOC amount or do a cash out refinance. 

I haven't shopped around yet, but I imagine an umbrella policy for the pool would increase costs.I do have a smallish home maintenance fund saved of about $20,000 so could sustain any unforseen expenses for a tiny bit. 

Maybe something more suitable would be self storage or MH park where you do not even have to deal with tenants and toilets and get a higher ROI.

How much will you equity increase compared to your rehab and holding expenses. 

Which considering the location can only increase in value due to a limited number of locations like theirs. 

I’ve only invested in stocks and crypto but I’ve been figuring out so much to help me make confident moves. 

With the number of available properties being that low you could honestly analyze every one of them so the specific zip codes and areas aren't as important as if you were looking with criteria that offered hundreds of results.I'd recommend getting on the list for some local wholesalers to help and increase the number of potential properties that you are exposed to. 

There is a significant difference between a "business" and "self-employed". 

This would be my first crack at a mid-term rental.I've got a property that I'd like to rent mid-term (30-90 days) to increase cash flow compared to a 12-month rental.

@Kristine O.Are you self-listing?