Work with your commercial lender and see if you can self finance, by cross collateralizing your existing portfolio.

Quote from @Augusta Owens: Hello all,I'm completely green when it comes to real estate, as in currently learning the terminology new.

Quote from @Dick Green: This is a new venture that I'm looking into and real excited about. 

Greene about this guy I guess.. 

-------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

That for them to consider it, they would want to order three appraisals, and then the loans would all have to be cross collateralized over the three properties, and it seemed over the top and costly way to borrow $75K.

Why on gods green earth if you can save on commission, gain experience, meet investors and manage your own properties would you want to invest in a market outside of where you are?

Quote from @Jaycee Greene: Quote from @Kyle Biggs: I believe the cash to rehab will be 30 to 35k.

One area can show great signs but literally cross the railroad tracks and it’s a different world.Be aware of these types of physical delineation.If you are getting no demand from qualified applicants then I would say it’s not in a margin of a gentrifying neighborhood.  

Renting it out while strategically leveraging the equity could be the best path forward.As @Jaycee Greene said, DSCR looks at your credit rather than DTI.