If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor. 

Some other factors to consider - How long are you planning to hold this property?

A lot of factors go into this. 

I’ve been in a similar position where I wanted to scale but equity was a limiting factor.

That depends on a lot of personal factors such as your finances.

But that is calculated after expenses and depreciation is factored in. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

However, the suitability of buying and renting out a single-family home in Richmond can depend on various factors, such as market trends, rental demand, and property values (similar case with all markets, really.)Chatting with a local agent in the area can provide very helpful insights into the market, data, and specific neighborhoods.

(Granted, I am not factoring in various fees that may be saved by financing at acquisition).

Just factor the cost into the rent.