But lets say the property does not appraise in 5 years for more and the initial balance is higher than the refinance loan amount, then he will need to put a downpayment to close on the refinance. 

There's pockets all over the greater Tampa Bay Area that are B class and up but balancing that with a decent cap rate is going to be tricky unless you either have low cap rate expectations or are will to do value add to the property or being more creative such as using a short or midterm rental strategy or even room by room with padsplit.2) Verify as well the 1031 is going to allow "like for like" into a single family. 

Update:First, thanks for the all the replies.Second, the bank confirmed my SFR rental mortgage is in fact categorized as Commercial.Third, they said that since I don't have a total mortgage balance of over 250k with them, I'll be exempt from the extra paperwork hassle.

Detroit is known as the highest rent to price ratio in the country…and we’ve found the perfect balance of price/location within the area.

The PMS will also have features like unified inbox, and you can have PMS users instead of dealing with Airbnb teams.

While I can't definitively say which are the absolute top 5 zip codes in Columbus, I can help you narrow your search for Class A neighborhoods that offer a good balance of rental cash flow, low vacancy rates, safety, and strong school systems.Some promising areas to consider based on general market research include New Albany (43064), known for excellent schools, safety, and strong rental demand, although cash flow might be lower due to higher property values.

We put an emphasis on vacant prospects, those with separate meters and realistic balance sheets which when combined with the right financing terms and management can still produce a healthy and safe addition or anchor to a portfolio. 

When a bank deviates from credit policy, the portfolio is downgraded which impacts the bank's balance sheet.

We are trying to balance building positive relationships with wholesalers (keeping our word) and looking out for our financial best interest. 

Not only that but when you are in a portfolio loan and would like to for example sell one and break it out then most lenders will want to be paid back 120% of the balance attached to that piece of property back into the principle of the loan