I would not count on being able to receive a cash out loan after you purchase it. 

I'm hoping we can get sports betting but not counting on it either.

Tour facilities looking for a unit to rent and count units that don't have locks to get a rough feeling of vacancy rates.

Does it work better for you to have the cash available at 0% cost (not counting opportunity cost), or do you get too tempted to spend it?

R,Jairmiya  Hi Jairmiya, Have you looked into areas in the midwest to get the kind of returns and unit counts you mentioned in your post?  

I would be careful with your numbers and don't count on Amazon coming to the area, the current bid is $2.5B!

Tour facilities looking for a unit to rent and count units that don't have locks to get a rough feeling of vacancy rates.

Who owns them has nothing to do with your loan count with the lender.You could transfer them into an LLC and STILL be limited in your ability to get a loan because the loan is still in your name.The only way to get rid of the loan would be to pay it off, consolidate loans to 1 property to lower your limit, or get a commercial loan in the business' name. 

But he sure does have some of the best stories to tell at family get togethers, if that counts for anything.

Just know before you buy, (only in my opinion though) count on it being a long term hold and having an exit strategy.