I think there are better options out there - particularly cards that offer cash back and other perks.

My overall goal is to become a mortgage broker as I like the idea of having all lenders as an option and working for my self.I really appreciate the help! 

DSCR cash outs will allow you up to 75% with reasonable rates and 80LTV with higher rate options, but only for SFH rentals.

@Eric Bilderback yes you can..few options  are herehttps://www.rok.biz/blog/laundromat-investment-101-how-to-fi...

The most knowledgable people on market rents are the prospective renters who are currently shopping around trying to find the best option for themselves to live.

You can always do it with your own IRAs, however your employer's 401(k) may or may not have such an option.

I like being an option to a wider pool of guests.

Quote from @Chad Clemons: I wouldn't recommend it.Lease option can be lucrative, but you really need to know what you are doing.

Many states have non-judicial options where if the contract allows for it(most contracts do) then no court involvement is required to foreclose the property.

Quote from @Shane Haas: Quote from @Patrick Roberts: From a lender's perspective:If the purchase is made via cash and without any liens on the property or funds borrowed against the property, your cashout options are:A) Delayed financing within six months of purchase, which is treated like purchase money financing.