We rent to plenty of S8 applicants; I've always believed the standard of care they exude is as high if not higher than "market" applicants because they'll get kicked out of the program if they don't.

Even as a Foregin National you can still take out up to 75% Cash out depending on your citizenship. 

Depends on what you have to pay for your money, may not be worth it.

If you said the property was valued at $200k, then 2nd position may still bid in an attempt to run up the numbers depending on what kind of haircut they're looking at. 

Selling would likely mean taking on new loans at much higher rates, reducing your cash flow margin unless the new properties are stellar performers.Transaction Costs and Taxes: Selling could trigger capital gains taxes (depending on exemptions) and other selling costs, eating into your net proceeds.

At least when I attempted it, I discovered I could get a mortgage as a non-spanish resident usually minimum 30% down, although it depends for each bank. 

How to go about this depends on which state you're in.

Hi Kana - I think it depends on your budget of course.

Quote from @Treza Edwards: I would be looking at this as a market-dependent change.

Depending on the types of roles, I may be able to get you some resources.Good luck!