My advisor suggested that at my stage of the game, 8 properties, it likely made more sense to keep the extra money available or in the business to use as emergency funds or to accumulate for another down payment.

I know this is a super competitive space and like @Joshua Granberg said, the new zoning changes in western Washington in recent years has been a game changer for these types of units.

It often feels like a constant game of cat and mouse with phone carriers.

That's part of the game, I get it.

The appreciation and principal paydown gained over the years was well worth the shell game I played by under rehabbing the houses for rent to keep under that 70% ltv mark and still offering enough to take them down.  

Remember, it's consistent base hits that win the game! 

In my opinion, this is much more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.

I think AIrBnB and Vrbo has some automatic adjustment for our listing on the off chance that there is a big spike in demand for a big concert or SportsBall (TM) game coming into town.

I have no "skin in the game."

hold some of that initial 100,000$ for reserves. if you spend it all and something goes wrong you wont have time to accumulate profit the first year to really afford to fix anything. then you'd be dependent on personal income or another loan to fix the issue if one arose. play it slow and safe at first while you figure out the game and take some initial hard knocks that are bound to come.