•Electrical panel and roof in need of maintenance.

Are you going to put in capex for the roof, gutters, fence etc?

We have hired contractors for new windows, foundation work, roof work, etc. 

Includes a kitchenette, ping pong table and a BBQ on the roof hahaThanks and chat soon :)

The property has new roof, no major issues with HVAC or boiler.

I used this loan to buy my house hack and redo the roof.

The houses are expensive, the rents haven't caught up, the int rates are through the roof, and the rent alone cannot even cover the operating expenses and debt service, nevermind turn a profit.

The 100k in upgrades would likely be a renovation loan, or I would slowly add equity and then do a cash out refi enough to do the major things - replace roof, update kitchens and bathrooms etc.

We replace the roof, furnace HW tank if 10 years or older.

So you'd better hope that you don't need to replace a roof or HVAC system, because you can't pay with a check and can't make an ACH payment over $500.