You need to cross reference Airbnb comparable properties in that market using their reviews, offered amenities, occupancy rates, nightly rates and their offering.

@Pierre Eade, I also use TD Bank and part of the reason I selected that bank was the fact they do offer HELOCs on investment properties.  

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

As I basked in the glow of my achievements, I knew that my success was meant to be shared.With a heart overflowing with gratitude, I extended a hand to others, offering guidance and support to those who dared to chase their own dreams.

I decided to offer this service to others since a lot of the systems and processes are built out already.

An investor doesn't pay asking prices or waste their time trying to negotiate 5-10% off asking price.An investor calculates an offer price based upon what price it will take to make their ROI target number work!

Another thing to note, my wife and I make combined about 350k so we can afford the monthly payment comfortably. 

Look for areas with strong demand, potential for growth, and where you can comfortably invest.

I found out about this deal by word of mouth and negotiated it by matching wholesale offers.

I'm trying to determine the best course of action to take, so any advice you could offer would be greatly appreciated.Dilemma: To do all new electrical in a 1926 property or not to.