That's a method of borrowing money to borrow money, which is how people over-leverage and get themselves into trouble.You were fortunate enough to jump into the market when everything worked in your favor.

All you need to do is find a lender that understands and specializes in working with BRRRR method investors that flip at scale and at speed.

Utilities, taxes (property, local vacation, & income), landscaping, furnishing / decorations / amenities, pest control, & supplies (soap, TP, etc) are the big ones on my STR calculator that you didn't mention.I'd also recommend using the enemy method to determine expected income.

This method has worked for thousands of years and is still the best option today.A job in Property Management has a low bar of entry.

Sending you a dm, let's see how we can work together.I help new investors by (1) showing them the different avenues of investing, (2) teaching different methods on how people can use money that is already in their home, (3) showing how some HOA's can benefit in renting, and (4) refer them to this forum to educate themselves deeper as they start.

Lofty is facilitating all communications operations/voting. most of these properties have been burning cash and additional loans are being taken to repair the properties and even pay property tax bills

In the meantime, they keep running through the BRRRR motions believing they are growing a real estate empire because the BRRRR method pencils best in these neighborhoods which lack the fundamentals that will equate to a true realization event. 

On Mandi’s loan, communication was poor both by our loan officer (who no longer handles loans) and by the broker involved in the deal, who did not property communicate what was being relayed. 

I've found good luck using two methods to find reliable work.1.

But, I also don't know your calendar and the availability you have for communication either.