Does this mean, I am not able to refinance to a lower rate in the future until 5 years or I would have to pay a penalty if I were to do it earlier than 5 years.Thank You, A lot depends on your credit score, the loan to value, the loan size and the DSCR number. 

Im assuming Credit score, full background check and eviction. 

And tons of webpages seem to just copy from room score I have tried to find out more with google and asked local Atlanta hosts and nobody had heard anything about that.

@Jeff HonnoldMaybe also open an account at a local bank or credit union near where your properties are located.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Joseph, Price Range - $600k - $900kYes I would occupy one unit and credit score is >800

Another option would be to check with small local banks and credit unions. 

but i've run into several issues when I apply for HELOC1. the home is a a rental and the banks/credit unions don't allow HELOCS on rental properties2. as mentioned the property is in the Northwest and I live in the southwest.