People they have existing relationships with and that trust them and want to support this new venture.I am going to disagree with Corby a bit.

It is also simple to use a beneficiary deed (transfer-on-death) for real property.However, if there is no named executor of my estate (no will/no trust), how would the DAF be notified of my passing and the existence of the beneficiary deeds? 

The bottom line assumes that your overall cash flow will go up from acquiring this new asset, which existing property, when you leverage will have the smallest negative impact on your overall cash flow. 

Second position DSCR does exist but rates are even worse than HELOANs, I'd expect 11-13% right now.Getting a simple cash out refinance sounds like the simplest option, but if you can just get a large first position HELOC only that would be a pretty convenience deal.

Because the builds do exist.

Very rarely do I ever meet people who moved to Waco for a specific job that already existed and that is because there are none/ they are hard to find. 

Not sure what the cost is, but I do know it exists.

Those exist on and off market.

So glad this place exists for folks like me to learn from you. ✨ looking for ideas on to  how to acquire an owner-occupied property  with 5% down by using a mortgage loan product to purchase , improve and  avoid mortgage insurance based on projected value?

How wet is too wet for existing subfloor?