Eliminate debt, establish a budget, and save.

They cut operations staff down to bare-bones, cancelled over 1,000 listings with no notice, and moved entirely to a revenue-share model (which is why they eliminated those 1,000 listings, as they were non-revenue share). 

This option eliminates my capital needs, since I do not own the property.

This would also eliminate the need for gas at the property as you can go all electric in the buildingI am not sure on the cost per se.

I cant tell you how many times I've had to explain to investors that there is no magic DSCR wand that eliminates the personal credit risk/impact or allows them to borrow 100% of the purchase price or whatever. 99% of DSCRs require a PG which WILL impact DTI on any future loans, whether SBA, mortgage, consumer, etc.

Also, the LLC does NOT eliminate any personal liability on the next loan application which is a popular selling point by ill informed DSCR brokers on this board (but they rarely mention the higher financing costs that come with financing in a LLC) IMO, proper insurance coverage is a better choice. 

Consider using the snowball method to help you eliminate debt.

Here’s why:Complete Control and Lower Risk: With a cash purchase, you eliminate many of the complexities that can come with loans, such as interest rates, appraisals, and financing contingencies.

Quote from @Henry Lazerow: They eliminated the co-op to make the home more affordable?

Also be mindful of existing or proposed restrictions - I don't recall anything extreme proposed in Ludlow or Dover, but Wilmington is being very aggressive in all but eliminating STRs.