@Samuel Coronado - the challenge is that there will likely be a very small number of renters looking for a house that size, as well as that can afford a rent amount that high who won't just buy otherwise. 

Hi Scott,You can achieve sustainable growth by investing in high quality, well-managed properties that will generate consistent returns over time.

(Could be more than just two) So just be aware, you can use the sec 8 income to help with qualifying for a DSCR loan but you could very well end up with a higher rate.  

Well you can probably get around $70k out of your $300k property on a HELOC.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

Over the 30+ years my wife and I have walked and pencilled well over a thousand possible deals. 

Nathan Roberts also on this site may have some suggestions as well. 

Cash Flow & Value-Add PotentialA well-selected multifamily property could outperform the $2,400/month cash flow you’d get from paying off the townhouse, especially if you find a property with under-market rents or appreciation potential.

I called my local insurance company, as well as two major companies and was told "good luck." 

However, I saw enough that I believe that the information available is so imperfect and subject to interpretation that large losses would be an inevitable part of the program, as well as large gains.