I assume you're asking this in regards to a short term rental?

Let's Connect and I might be able to help//give you some tips.

You can read the full details here (https://www.bls.gov/news.release/pdf/empsit.pdf), but let me summarize what it says and why you should care about this specific release.1.

Any knowledge on this would be greatly appreciated, thanks! 

The tricky part to this transaction is the house was just purchased this year with a VA loan, so there is no equity.

I don't think it is probably a good idea in most cases to borrow other people's money to go learn this niche.   

I believe the prices are lower there compared to Bentonville because of this reputation.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

This won't help you.

Both of them can help guide you through the process because either way you will likely need to prepare architectural plans to get submitted to the city.When you are ready for the renovation, let us know and we can surely be a resource for you in that department.