This strategy can enhance your investment portfolio without depleting your savings.

The concern I have is depleting our savings and being in a vulnerable position for 4-6 months while we save back up. 

This written confirmation will give you peace of mind knowing that the loan was paid each month, and it also lets you know several months in advance if you are going to have problems because the buyer isn't paying and is therefore depleting the escrow account.And lastly, hang onto your 10k deposit and keep it handy. 

So stocks are good but the issue is as you liquidate the asset depletes and till its eventually gone.

Maybe finance 50-70% and hire PM.I would stay in real estate, it is hedged against inflation and you can consume part of the cash flow instead of depleting equity, you can actually let the continue to grow.

The website probably assumes some investment returns, so when you withdraw 600/month you may even out, but at 2k/month you will likely be depleting your IRA faster than it grows.

Typically DSCR is minimum 20-25% down, they will utilize a proportion of the current or proposed rental income to qualify.I'd have a second look at the income for full documentation qualification as well..there might be some other ways to qualify income..including asset depletion..

Now as flip, numbers are too tight and selling and holding costs deplete the $50k added value. 

Hi Justin,I offer DSCR short term rental, full doc, bank statement, 1099, and asset depletion options.

When not 'full income' verification, which can even allow for high 55%+ DTI there are alternative income verification guidelines like bank statement, P&L, DSCR, Foreign National, Asset depletion, bridge and portfolio programs that allow expanded ways for borrowers to qualify.