In addition even with a lower down payment you should be paying significantly less per month even with PMI then you would if you moved into a single family house that you where fronting the entire bill for.

Be careful with that BRRR stuff.I personally would not do Remote BRRR as there is just a lot of risk with 1) risk of embezzlement with contractors 2) change orders and 3) bank doing bait and switch doing a lower appraisal and/or LTV on the refinance.Most service providers net worth is under 500-1M net worth and I just did not feel comfortable working with them because they would screw me over when I wire over 30-50k checks to do work.

The leverage is a little lower and rates may change, but a DSCR is still possible provided you qualify.

I'm on the Nevada side of the lake and there are some good opportunities for rentals in the lower elevations around Reno.

This made sense when I could lower my interest rate and still cashflow on the investment property I refinanced.

As the deal size gets larger, this should get lower. 

Instead, you’ll report it as lower rental income on your Schedule E.

If you are wanting to rent yours out, maybe look on Airbnb for others for rent in that area and price yours lower than the others. 

This means a lot of units are sitting, and we're seeing a lot of price reductions, lower offers being accepted, sellers willing to help cover buyer closing costs, etc. 

If they had $200,000 in cash they might do a higher interest rate MM but have it tied to a loan to get a lower interest rate on the loan, but a higher return on the MM.