That is, if you had enough equity to get a LOC big enough to do that type of thing.You might be able to think of some other scenarios but hopefully this concept is good enough to know the difference between the two.

Maybe we didn't catch the explosive STR wave a couple of years ago but we love the combined personal and STR use concept for a vacation property. 

@Blake Schreckhise  there are some youtube videos that explain this concept. 

If traditional loan is not an option, some banks/lenders will do a 5 yr balloon loan with 15-20 yr amortization (let me know if you want me to deep dive into this concept).Ok, so let's go!

We’d like to have the cash from our equity to do things, but the concept of renting our primary is not a bad idea either, although it’s a pricey first rental.

I would avoid the concept unless you are a seasoned operator in the space.

Rather than having one realtor who does EVERYTHING from marketing, to open houses, to paperwork, to showings, to contracts, to closings...they use a TEAM concept.

Rather than having one realtor who does EVERYTHING from marketing, to open houses, to paperwork, to showings, to contracts, to closings...they use a TEAM concept.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

The idea is a little deeper than that, however, this is the main concept.