The more I look into lease option, the more of a specific, niche market it appears to be, especially with the nuances of the legal ramifications if done incorrectly.

(BTW, that is their second appearance on that show in as many years) If you think not, start asking questions.  

I listened to her appearance as well.

After doing some initial research, Avail and Innago appears to be very popular Landlord software programs.

It only appears that way in hindsight.

What I can tell you is that I specifically got these locks because they appeared to have the most third-party app integrations, so I wouldn't be limiting my PMS options if I did move that direction in the future.For now though, I manually update the lock codes for each guest ahead of their arrival, which takes about 90 seconds in total - super quick and easy.  

Based just on your DSCR calculations, it appears this property is significantly under-performing, or if it is operating well, then it is significantly over-priced.If your plan is to reposition the property, then you need a bridge loan or private loan to acquire and manage the property. 

I thought in order to refi on an FHA to a traditional mortgage you need to have 20% in equity after refi but it appears once you hit 20% you can refi and pull all your equity out!

It appears that the increased CapEx is offset by the much higher revenues and property appreciation potential ?

It appears as though they'll leave about $150k "in the deal" as equity after the refinance. - The interest rate on the hard money (14%) seems about right.