Or will I be forced to pay to de-convert the unit before I can do any other renovations?

I'm a pilot in the US Air Force and move around a lot, but am originally from North Carolina.  

Without substantial renovation or repair / forced equity, I doubt that since almost 12 months ago you have enough to do a DSCR cash out refi.

I flipped a condo in Washington DC and used the forced equity to purchase a buy, renovate, and hold property in Richmond.

I had a few properties when a lady that owned a cleaning company I had contracted with previously approached me about combining forces on a property management company.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

It's about finding a situation where you can force enough value to create a 20%+ equity position. 

Locking in a lower interest term loan will also force you to get the principal down as opposed to just making minimum card payments every month that allow the balance to keep growing.

Given your focus on equity and scaling for future development, targeting properties where you can force appreciation through value add renovations seems like a natural fit.

We were told the secondary market started rejecting the lower priced paper that they were originating and they were forced to raise the rates.