The seller can't cover these repairs before closing but has offered to credit the repair costs at closing instead.

It is a liquidated amount covering only part of Landlord’s damages—for Landlord’s time, effort, and expense in finding and processing a replacement resident.

We can definitely explore options for a mortgage on your $350k property to fund both your current renovation and the purchase of your next investment property.For the new property, we can also consider a separate mortgage to cover its purchase and rehab costs.Regarding the rural location, while it may limit leverage to around 65% of the property's price/value, we can work within these parameters.Given your equity position and experience, I'm confident we can structure a solution that meets your needs.

If you want to add more, get an umbrella to cover everything.

It just sorta pulled me away from what I was best at, especially when I was clocking in at my engineering gig trying to progress my career.A bunch of folks on these forums cover the whole spectrum, from newbies to 1m net worth plus investors.

Pros is no prepayment penalty and dont care if rent covers mortgage as long as you are able to repay.Downside: Prepayment penalty. 

You have a better handle on reality than an investor who allocated 15% of $800 rent to cover vacancy and maintenance/capex.  

I do DSCR loans in al 50 states I'm looking at a property in Shawnee, KS. and was thinking a DSCR loan would work well due to the fact the house is priced well below market, and the rents in the area could easily cover the PITI

I'm located in Northeast Georgia, and we're currently seeing a trend where specific incentives are being directed more towards covering closing costs rather than rate buydowns.

To address potential future problems, wouldn't a homeowner's policy and/or home protection plan cover any occurrences?