That covers all utilities and insurance (both coverage for the building AND for the interior of the unit). 

We want to leverage the fact that its owned outright and take the equity from that property and put it into our next rental, but we are unsure of how to best utilize the property to get us the most cash.This property is in a B-/C area- sales price for a property like this is currently about $125k, approximate rental would be $1k.We want to get into a multi unit with the funds we will have access to but curious which option makes the most sense. 

How aboutEarly Emily who asks about early-check in, is told we have a same-day turnover and need the full time between guests to get everything ready for her, and shows up early anyway.Trash Can Travis who cannot find the trash cans for the life of him, despite the printed instructions and information in the interactive guidebook that he's received twice before, and decided to leave trash bags in [the garage, the shed, on the porch, in the driveway]"Where's the Beach" Wendy who still decides that the neighbor's obviously private lakefront beach across the street from where she's staying must be the public community lakefront beach because it's the first one that she sees, despite instructions directing her to the short 4-minute walk down the street to the community beachfront, and the multiple signs, messages, and warnings about not trespassing on neighbors' yards

It's not perfect, but its the main strategy I utilize to grow my portfolio without having to wait until I save enough cash.Other options are: loans from friends/family, Hard-money lender (can lend up to 100% on great deals), and seller-financing (may be willing to carry most of the debt or a secondary position). 

figure in higher utilities and vacancy. 

I'm current building a duplex in Edmond, the suburb north of Oklahoma CityMy biggest hurdles:The public utility made us pay to remove their utility pole from the lot so we could bury the lines.

This allowed me to utilize a low down-payment loan and build my investment portfolio.

I'm sure it's evolved since then, and likely gone up in price.Later on, when I was considering 1:1 private coaching, I interviewed 8 different coaches, including Michael Blank's program, but decided that at the $xx,xxx the price tag would only be worthwhile if I got to interact with "the man, himself."

If I do that, can I still utilize the short term rental loop hole?

Fortunately, we were able to creatively utilize a “work around”.