Option 1: The loan that the owner has is an assumable loan at a 3.875% rate and still has about $265K.

You can find out nightly rates, occupancy and amenities.

Also, I would look at rental rates to property values to determine if any areas are around the 1% rule.

The lower rate or longer term can also make the payment more affordable. 

Those sounds like great rentals and vacancy rates have been decent - our management team only has a handful of vacanies out of the 300+ we oversee, thankful for that.

This is to get your tax deduction at a higher tax rate.  

I bet the rate of Engineers going homeless is all but 0. 

Working with a mortgage broker that specializes in DSCR loans will help you find better rates and programs such as lower DSCR ratios such as a DSCR 1 ratio for better terms versus needing a 1.2 or 1.25 DSCR ratio (more on that below).

While a western WA deal might not meet some Midwest cf metric like 1%, it will be above the market cap rate or below FMV of comparibles and give you options. 

Are there any wholesale lenders that will do a rate and term refi on 4,800,000 loan balance,  5 unit property.