Fears of a Shift: Strategists at Bank of America warn of a transition from a "Goldilocks" economy (stable growth and low inflation) to stagflation.

STR should be a strategy utilized to cash flow or break even on expensive property. 

For instance if he says $20,000 in repairs I’m not that worried and will offer close to where I figured I could offer based on income and expenses.

Offering too low gets rejected but once you are at the negotiations, then you can make something work. 

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

With such a low ARV, you will probably be looking to sell at 75% ARV - repairs, so subtract your fee/% from that number.

I understand I may have to pay some expenses out of pocket but in few years with increase in rents, property appreciation and tax benefits can help in long term.

rents are higher here by far one of the most expensive markets to live. lease price per square foots can go as high as $8 per square foot. if you live far away it'll be cheaper or you'll be living in a older unit. depends on your budget really 

My husband started a business recently so income isn't steady and my income is on the lower end and we are struggling to cover our expenses since we have so many high interest loans.So my question is like this:1.

You can use the cards as a loan to get cash with very low to 0% interest or use them the traditional way.