I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.

You don’t want your lender to go out of business while still holding your construction escrow funds.Can you provide me with the contact info of some recent borrowers?

I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios. 

The person in the response above who got crushed by a $5000 repair never did have $100-200/mo. cashflow.

Even when I did reach them the first time,  the other person on the other line sounds like a moron who doesn't know how to help. 

I've since closed down to focus on other businesses and run my own STR's. 

The downside will have more to do with your business personality.

Yours appears to be a business-purpose (investment) loan.

@Tim Bergstrom I am a lender with a local bank here in Louisville and an investor personally as well. 

Personally I think Josh himself is innocent but the company definitely is involved in shady and deceptive business practices.