Hi Rod, The local bank's $200K cash-out refi at 6.875% isn't perfect but clears your HELOC/mortgage, provides scaling capital, and leads to a commercial loan for 5+ properties, solving your DTI issue and unlocking a line of credit for future growth.

Quote from @Solomon Price: We use Streamline, and outside of the setup being extremely tedious, we haven't had any issues yet. 

The rules are as you stated. 45 days to identify up to 3 properties you might buy, 180 days to close.

Lexington is good if it's over 275K they go much easier on you but I personally do the surrounding areas such as the Red River Gorge which has over 600million visitors a year and no issues with STR

Financially speaking the issue is that deferred capex will exceed cash flow over time. 

Depending on how much you'll like to contribute to this retirement account keep in mind the self employment taxes you may need to pay of 15.3% and age if contributing to a traditional not roth type retirement account.I agree with the above based on your answer you most likely won't have issues in FL.

It has been a civil issue only—until now. 

Address issues like a squeaky basement shower and squeaky floors by marketing the space effectively.

Assets identified in this study include:Appliances: Dishwashers, refrigerators, and ice machinesInterior Finishes: ceiling fans, flooring and decorative wall treatmentsFurniture and Fixtures: shelving, counters, mirrors and cabinetsSpecialized Equipment: diagnostic machines and hydraulic liftsSecurity and Communication Systems: key card readers, telephone connections and security cameras30% of the total depreciable basis was classified as 15-year class life.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.