You could convert them to a DSCR loan but then transfer them to a LLCWhat we have done is save for down payments and renovation costs, - buy properties that need work rehab them and then refinance them out making sure it meets our dti.

In case of default the promissory note converts to a performance deed and is recorded giving seller or heirs the right to reclaim the property. 

Rent by the room may bring in more cash flow per bedroom, but may not cash flow as well if you convert the SFH back to a long term rental.

I need to convert it to a business checking, but have not done so yet.

I’ve seen several three unit buildings in weehawken recently converted.

If you convert it to a rental and sell later, you may owe capital gains tax + depreciation recapture, unless using a 1031 exchange to defer taxes by reinvesting in multifamily.Leveraging $100K in equity via HELOC or cash-out refinance can help fund the next deal, but ensure rental cash flow covers debt, expenses, and reserves.

Then have a 6 month period to convert all old currency $20 and $100 to new currency.  

*Have a USP right of the bat to convert leads*Have a huge/constant flow of leads from investors, sellers, partners, etc.If I was doing it for houses, I'd do the same thing, just work on the leads.

I'd make sure it would do well with long term in case you get sick of mid term and want to convert it to long term.    

Several factors at play: the sales market has been slow so many would-be sellers are converting houses they can’t sell to rentals, lots of new construction units have been completed recently, and in-migration has slowed down a bit.