These areas tend to attract high-quality tenants and provide consistent passive income, which is a great foundation for building your portfolio.If you’d like, I’d be happy to share some insights about these types of markets and why they’re appealing to investors.

Hey @Brandon Toron,Given your plan to turn the property into a short-term rental (STR), you have a few creative ways to push closer to that 90% cash-out goal, even if traditional lenders shy away from it:1. 

A skilled property manager understands tenant segments and their behaviors, which helps attract reliable renters.

Build a system that attracts the right audience.

It's the conclusion you came to before you wrote the post I know but bringing up the challenges might make you realize that you might have to offer a heck of a good deal to attract a potential partner.

If you’re short on funds maybe seller financing or subject to deals, where you take over a seller’s mortgage or negotiate direct financing with them.

In the short term, prices fluctuate like the winds:  Up one day, down the next. 

For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.

I'd rather keep the sub-3% rate for now and finance other properties conventionally for the short term.

That is tight leverage for an investment 2nd position loan.A private investor might be willing to do it, it's not going to be cheap at all & will be short-term money & will not be a line of credit to take out at your liking.What is your rate on the 1st?