However, I don't know from a practical point of view if it's doable 2) Condo vs townhouse vs cashflow: I noticed condos  and townhouses are way cheaper in fort myers FL ( however risk of hurricanes) and maybe more opportunity for cash flow.

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

For an absentee landlord, it would seem that a condo could have less maintenance headaches than a SFH and lower risk in general. 

While I could have gone lower I am lowering my risk tolerance because I expect a recession in late 2019 to 2020.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

As with any market, there are risks and rewards.

Just like bonds & stocks, different properties will have higher & lower risks.

Hey @Josh H. it's higher risk and def also higher reward.

If you're talking about single family homes/ duplexes etc. the neighborhood it's in will generally give you the risk profile.Hope this helps.

Most non-qm loan products will never have a 95% LTV due to the inherent risks associated with these type of loans not being traditionally backed by fannie or freddie (investment banks).