Second - a DSCR 30 year fixed perm loan to refi the hard money loan and hold onto long term.What others have replied to is completely accurate - it is hard to accomplish BRRRRs right now due to the DSCR refi constraints (interest rates, LTVs and seasoning periods), however, not impossible.

What period of time does it cover?

But I am now.In the past few years, my wife and I have done a couple of house hacks and two short-term rentals.

In short, anyone can start a 1031 Exchange Qualified Intermediary and begin administering 1031 Exchange transactions.

If someone was willing to rent to you with 5 dogs and the stray and her babies are short term, they may not have a problem. 

I don't think it's the end of the world @Jonathan Greene...if it still helps someone learn something new there is at least some positive.In my opinion, those trolls will get seen for who they really are in the long run, so it is just a short-term play...that I don't know is worth worrying much about.I'd rather someone say, "Here is a question we often get asked as a general contractor: how much does it cost to dig down a Chicago basement?  

You doing short, medium or long-term rentals there? 

I think one of the biggest risks you face with Cash Out is interest rate risk.It's really difficult to predict where interest rates will be in a 2-5 year time period, so it can also be challenging to model out future mortgage rates.

Can anyone recommend a company that offers a builders risk policy to cover the construction period but then will also allow a cancellation and refund after work is finished to convert into a standard landlord policy.  

Note: Short and succinct updates are provided on the https://fincen.gov/boi website but I like to get more context.