Be sure to have a detailed discussion with your lender to confirm compliance and explore all available options.Feel free to reach out with additional questions—I’m here to help!

Also, other than RICE insurance, do you pick up any additional liability insurance in case something goes south with the deal and there is a liability issue?

But this comes with additional requirements you must achieve (look up REPS). 

One of them is the addition of another aggregator, which solved one of my connections.

Ah yes, great addition!

Make sure to have a security deposit that takes into account the additional risk.

Additionally, is it reasonable to request the current leases and what I believe is called the rent rider form (please correct me if that's not a real thing) prior to making an offer?

Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X. 

Additionally, checking local listings on Zillow or Craigslist can help fine-tune the rental rates in that specific area.

Happy to connect and share some additional experiences if that interests you.