Pretty simple platform, but doesn't have much customization.You could also look into Appfolio, Rentvine, Doorloop and several others, but they cost more and are more complex to implement.We use Propertyware, which is extremely customizable, which is why we selected it, but comes with a long learning curve. 

Most people end up on one of those extremes but you don't have to live there. 

Leave enough in there to reaccumulate.Starting t age 55 you won't have to pay a penalty for early withdrawal, though its still a big tax hit I haven't done a cash out--yet--though I've used a 401K loan a number of times and it has worked out extremely well. 5 year amortization, but you are paying yourself and if you ever stop, you won't be penalized or taxed on what you paid back.

I think you are right on the money.Thank you so much for your thorough and extremely helpful response!

It's just simple math.In reality, the DSCR went down from 1.40 to 0.60 in most extreme case.

I'm extremely active and knowledgable there.

I realize some people on here may disagree with me but I feel like it is extremely important to build a solid financial base through Index ETFs and savings in high yield savings account.

Just do your homework and call around.The legal and ethical requirements in selling your own property (whether you are listing it or not) are extremely heightened and everyone will hold you to an incredibly high level; that goes for flips or rentals.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

With that much income, I'd have the vague suspicion you should have enough cash of your own to do the deals, or maybe just need a much smaller loc, say $50k, help with the float/cash flow.Also, since you are flipping, you don't have any collateral and you are extremely market dependent on finding deals.Try and see.