If the credit score is above 740 and the LTV is about 75% you could achieve a rate in the mid to low 7s. 

Beaty, Thanks for providing the first hand negative experience with Anderson Tax Advisors.

Hey Seth, If you have a good FICO, Loan Amount is above $250k, and property DSCRs at 1.25, You may achieve a rate at the high 7s at 70LTV on a 30 year fixed loan. 

That's where I've been gravitating and it's approachable, achievable, and allows the average, Mom & Pop investor to enjoy the fruits of their labor with minimal headache. 

Investment Reallocation: Given the negative cash flow from these properties, would it be wise to sell both and reinvest in markets outside of my current state, where positive cash flow is more achievable?

You still have to do the work and if you will, then spend as many dollars as it takes to reach the level you want to achieve.  

I do really enjoy helping people to achieve the dream of home-ownership or seeing the relief of getting a property sold for someone who needs to move on.One thing to keep in mind...

Most recently Zillow threw epic resources into a direct "war" on taking over real estate transactions, and all Zillow achieved was finding a fast way to loose a few hundred million. 

KateSeems like a perfectly reasonable plan if that will achieve your goals.  

The pro of this strategy is that you can buy a bigger property with more uunits, and the cons are that it will probably need some updating and turnover of tenants to achieve market rents or higher. 3) STR - Short-term rentals or Airbnb.