The fed is going to keep a tight position as long as they can...until stuff breaks so they can vacuum up the massive amount of excess stimulus and decrease the size of their balance sheet. 

The benefit here of hiring someone with a contracting license vs hiring an unlicensed contractor would be that a licensed contractor is liable for the work being done properly, so if something is not done up to code they would be required to fix it.

It is a matter of knowing what can be fixed and how much it will cost. 

We have this thing called the 30-yr fixed mortgage, primarily because of the structure of the mortgage market with government backed mortgage securities.

@Yael FuerstIf they are rentals you could get a DSCR loan.If the loan you get is lower interest rate than the current loan amount then it makes sense to do thatFor example if your debt is 10% and a DSCR loan is 7%, then pay the lower interestHope that makes sense

I think you equally partially answered that question, telling the difficulties you are facing with STR regulations.this is my prescription and what I have decided to do .consider HELOC your current property, use the money to 1- add some value to your current home if room provide ( not to exceed X $ amount) you can then rent out the extra created meat to help pay HELOC2- Use the balance of HELOC to purchase another home in an appreciating market and if possible one that allows STR. use cash flow from new property still towards HELOC and just allow second home appreciate OR if you can fine a fixer upper to do BRRRR tat will even be better.that is what I have resolved to to. you can get back to me at 301-256-1578 so we can continue to brainstorm.little cent

Then you will be making monthly payments on the interest amount (currently I have seen that in the 11-12% range).

Those commercial washers and dryers can get costly to fix.

First payment of the new amount is due the 1st of next month as well.

For context, I spent a decent amount of time building AI tools in real estate and shared this article AI in real estate what is hype what is real in BP a a bit ago.If you are paying $250, and it is not making that money back, then it is wasted money.