Try to stay close to the median home price for that city. 

Hello everyone,I just closed on a house and am exploring the possibility of turning it into a mid-term rental.

Are there any options for lower down payment loans in general or even for college students?

There are some exceptions, but the HOA dues normally kill your returns and there are all kinds of other issues having tenants living close together. 

If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports. 

Totally understand that those things don't closely mirror the BRRRR model too closely, but that's what I'm seeing right now. 

We are getting close though.

I will say we are way out of town with just a small market close so it makes sense to have a fully loaded house.We only provide 2 small soaps and 2 shampoo bottles in each bathroom.

I want to cash out refinance and close it under our LLC as DSCR mortgage.

Providing strong supporting data from your Airbnb bookings, market comps, and STR reports will strengthen your case and help you close faster!