Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.

For example I know many who are now just lending because they are getting 10-12% short term which is far better than any cap rate on real estate. you do not have the equity upside as you do real estate but its a way to play the short game to see what happens over the next 12-24 months and decide when you want to buy.

This would be more of a multi-family buy and hold play. 

Deception and perception play a major negative role.

You may just stumble into seller financing if play your cards right.

I don't know what the issue is/was, but I think a lot of customers want to play games and he probably did his best to keep them on the straight and narrow. 

Hi Pixel, Check out this article about how DSCR loans play into the refinance part of the BRRRR method.

It’s stable cashflow and long term appreciation and tons of accelerated bonus depreciation on taxes. like most anything in real estate it’s a long term play. 

Sidenote: I am a note investor and play in this space as my full time job, so I am not some crackhead. 

FHA is unlikely to play nice in this situation.Bank statement loans might be an option for you.