Our company caps our 30 year DSCR loans at 80% LTV (putting down 20%).

I am from the Midwest where cap rates are high and you can have positive cash flow with 10-15 year loans.

This way I can also control the maintenance cap/ex aspect. 

And I don't know what the cap rates are in the area for SFRs, but I did a quick Redfin search for a small multi-family home in the area that's turnkey: https://www.redfin.com/VA/Richmond/1622-N-31st-St-23223/home.... 

Further Evaluation (Professional based)Comment 2: Yard wetComment 23/24/25/26/27: Electrical WorkComment 4/5/6/7/40: Glass repairs/sealedComment 28/29/30: Hvac repairsComment 49: Chimney inspected/cleanedRepair (Handyman based)Comment 3: Vegetation removalComment 12: Leaking hose bibComment 13: Sewer cap replacedComment 19: Door knob replacedComment 22: Replace all batteries in smoke detectorsComment 38: Replace clamp in sinkComment 39: Replace dishwasherComment 41/48: Dry wall prepareComment 44/47: Door repairHave you decided on a property manager yet?

As a note, residential properties typically are not evaluated with cap rates, but I think you may have been saying a 7.5% cash on cash return or ROI.

Aeroplan is probably my favorite because I can use my Chase, Cap 1, or Amex points and they have low taxes/fees. 

In my experience, most lenders cap at 75% LTV, and even then, it can be tough to pull out enough equity to get meaningful cash at closing.That said, I’ve noticed a lot of investors, myself included, facing cash crunches lately.

So if loan due in say 3 years you would need to create 600k in 3 years or sell the property.With limited years left on lease for primary you would need to start saving big chunks of money now because buyer will want higher cap rate to purchase.

I get a little bit if you paying cash.It's funny that's what the Cleveland Bob guy would always say, the net cap fella.