Borrowing $200K at 4-5% will cost you $8000 - $10,000 of interest each year. 

Cost approach A straightforward method that adds the cost of the land to the cost of building construction.

Markets like Texas (San Antonio or Dallas) or North Carolina (Charlotte) could offer better cash flow with lower costs.

However, I still struggle to understand the art of estimating rehab costs. 

Every project needs a quote and you should be able to estimate the material costs.

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

It has good integration, is cost effective, and the direct booking feature is pretty good!

@Jessica Seppo,Many people take the cost of an LLC and funnel it towards more insurance and an umbrella policy.

If you don't you are likely costing yourself bookings.

The cost associated with insurance for not having 20% is peanuts compared to what you potentially can do leveraging your down payment.