That should really be the deciding factor...is it necessary and a large enough project to include the permit process?

If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor. 

I could write a whole book on this topic, but this is what came to mind.3) There are a few factors that I consider when picking the city.

I am seeking recommendations for an app that can integrate with multiple platforms.

Is it fairly priced for the size, location, quality, and other factors?

Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term. 

A lot of factors go into this. 

The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.

Debt is rarely a factor in their issue. the ultra wealthy I know  with a few exceptions have very limited debt.. to no debt. 

It's not my biggest concern, but it is a factor.