Many investors switch over to these loans once they have a few properties (typically 5 on average, but you are right there in the typical fashion for property number 4)Check out these series of articles on the loan topic published on BP as well for all you need to know about this option!

I figured what better place than the bigger pockets forum to ask if maybe I'm not thinking of all my options.

DSCR cash outs will allow you up to 75% with reasonable rates and 80LTV with higher rate options, but only for SFH rentals.

@Nathan Frost typical for Detroit, that's why we offer our clients several security options, including removing & storing mechanicals when vacant and then reinstalling day tenant moves in.What makes you think the seller will install new mechanicals?

Happy to talk further on the area (we are large enough to offer options to focus on student rentals/UW Madison campus, and anything from Class C to A locations or suburban/surrounding communities) but to help you consider broad initial search, you could start by deciding how important cash flow is. 

This could create a disdain for flipping properties and not continuing on the path..The other option could be wholesaling it to start a path to build a war chest to go out and do the first flip with your own money down. 

I like being an option to a wider pool of guests.

Have you identified a property yet, or are you still exploring options?

I self-manage, but I understand that's not a practical option for most people.

And the menus and sub menus and configuration options to view the stats are confusing and different on laptop or phone 🙈Is anyone getting any benefit from the Airbnb stats???