Include in your model rates going up by 2%, and just make sure you enough cash to cover. 

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).

., $300 for paint and supplies) and add a fair hourly rate for labor.

With rates in constant flux, you might have opportunities to lock in lower ones.

You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.

Had kids in school too.

Are you getting the property at market rate or below market rate?

Time for the economy to reset and interest rates to come down. 

If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high.