So I have 3 STR (3.5%) that are avg $60,000 annually in gross rentals and want to scale but w/interest rates higher, I don't want to cash out refi...any thoughts on how to leverage these assets to purchase 4,5,6 property's?

You'll need to figure out your DTI by comparing your gross monthly income to your monthly debts.

When you get to the rental income section, make sure to add the gross monthly income of the entire property as well to properly determine your analysis.I hope this helps!

If people will really pay $800/month to live in these things then you're grossing $2400/month and clearing a little over $1000.

.$750 rent * .95 vacancy * .98 leasing * .9 property management = $628 gross rent$75 taxes (will vary by city)$50 insurance (will vary by city)$50 trash/water (will vary by city)$175 cap/ex wear/tear w/ averaging out bigger ticket items dividing their cost by life span.

If you are in fact referring to gross rents, then yes you can get gross rents well above that but after all expenses, includeing debt service, PM, maint, cap ex reserves etc, a good deal is about $100 - $200 a door in pure cashflow. 

Limit an initial conversation or questionnaire to no more than 3 to 5 questions:What is total household gross income?

Or, 40 spaces at even 60% occupancy at $80/night = around $58K per mo gross.

Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

The renovation will convert a row single family home into 3 family home ( the layout is already there ):- the first flow will be 1 bed, 1 bath- the second floor will be 2b, 1bath- the basement.If those 3 rents, I can easily have $1800-$2000 in gross rent per month.So any creative financial idea I can propose to him?