@Cheri Banet, the amount you owe has nothing to do with the taxes you will pay. 

Additionally, what’s a realistic amount of capital needed to get started?

Baselane is now trying to collect the refunded amount from you?

Welcome to the community and be ready for a huge amount of information at your finger tips.

After a small amount of due diligence it’s a total scam.

For amount, it would likely be in the $500-700k range.My expectations are to have a negative cash flow while living there, and possibly a slight negative cash flow after moving out (until interest rates lower or rents increase).

I would imagine you're capped at 70% LTV to make the DSCR work at whatever threshold that lender allows (typically 1.00x) or maybe it's a credit/FICO issue. 3% in origination also doesn't seem too far off depending on the loan amount.

Rates are typically higher than a traditional cash out refinance, however at least you are not getting the full loan amount + you have the flexibility to draw/tap in the money whenever needed.

Are you aware whether or not your PM charges for the service or is this the amount invoiced directly from the contractor/vendor?

I recently flew to hawaii from AMEX Platinum Points but it was just because I did the opening card promotion minimum amount and got a ton of points.