The other 20% is NOT deductible.Next, interest related to an investment property is deductible against that investment property, no matter what was the source of the funds.

The cash flow is great, but I am looking for a lending source---private or a financial institution---to buy many more like these---they need to be in small cities though.Property management is not a problem, since they own the house and will fix it up themselves. 

Here's the language I use:Consent to Contact References and Perform Credit CheckI authorize [Type Agent Name Here] (“Agent”) to obtain, and to share with [Type Landlord Name Here] (“Landlord”), information about me from my credit sources, current and previous landlords, employers, and personal references, to enable Landlord and Agent to evaluate my rental application.I give permission for the Landlord or its Agent to obtain a consumer report about me for the purpose of this application, to ensure that I continue to meet the terms of the tenancy, for the collection and recovery of any financial obligations relating to my tenancy, or for any other permissible purpose.I authorize Agent to share my completed rental application (along with any supporting materials) with the Landlord.Applicant signature: _________________________________Printed name: ______________________________________Address: ____________________________________________________________________________________Phone Number: _____________________________________Date: ______________________________________________

Many DSCR loans do not allow subordinate financing and will require downpayment funds to be sourced.

Unlike Mexico, where foreign loans and conventional mortgages are non-existent, the mortgage rates and programs for buying a home in Puerto Rico from the US are not only available but actually attractive.

@Marcus Auerbach appreciate the feedback, I also think 7200 for HVAC is a little high, I sourcing my own HVAC person. 

The energy play from DJT won't just be a source of war-reckoning in Russia and even Israel, it'll be the biggest game changer in the arms race of AI and how to support it.

Typically Credit Unions are good sources of capital for Lines of credit but when it comes to refinancing there seems to be quite a bit of red tape.You want to work with a broker who essentially has the entire mortgage industry in the palm of their hand and can put you into the product best suited to meet your needs.

DSCR loan would be the backup plan - many of these lenders will allow heloc funds as a source of downpayment. 

I also look at other online sources for comparable rents and try to make sure that I don't fall to the bottom 50 percentile.