I have arranged for Servpro to take a look at the property in person to give me a quote for this job.

I used $80k to pay off personal debts and $50k to remodel it by myself with my two hands.

I have visited them personally a couple of time since I am from Indiana. 

However, because I am unable to make trips to scout locations or look at homes in person.

Quote from @John Friendas Quote from @Patrick Roberts: If you are on the note or personally guarantee the debt, then it will affect the liability side of DTI, regardless of whether the lender reports the loan on your personal credit.

Although the journey has been worth it, I've sacrificed quite a bit from a personal lifestyle perspective, relationships, etc.

Contents (Personal Property): most homeowners policies give a set % of the Buildinglimit for Contents.

Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.

@Niklas Zhu If you tear down your STR in 2025 and convert it to personal use, depreciation recapture does not occur at the time of conversion.

Happy to chat if you'd like to connect!