Most lenders require that you wait about 6 month to refinance your property to get some of that initial funding back, but "seasoning" would be an element of your long-term (DSCR) time frame to consider.Overall, I would recommend the strategy that works best for you and your lifestyle.

It was only 2 years old and was very low maintenance, which was perfect for our lifestyle at the time.

The gurus” selling mentorship’s and “canned” programs to a inexperienced investor oversimplify the strategy; ignore the difficulty; incorrectly claim that the education they provide is sufficient for success; lie about their own qualifications and experience and success; belittle “real” business/financial/real estate education and provide a totally unrealistic picture of lifestyle, effort, and chance of succeeding.  

@Brendan Davisgot it - not everyone can house hack and if it doesn't fit your lifestyle, that is fine.  

These have between 3 and 3.5% minimum down payments, but would obviously require a lifestyle change for the immediate time- there are hard money lenders that do not conform to traditional lending requirements.

Investors are usually willing to let lifestyle living take a back seat while they begin their investment journey so that in the not to distant future they can be living the life style they desire with less stress.  

Fourth, create a long-term real estate investment plan that complements your preferred lifestyle and financial objectives.

There's no high paying jobs there yes, but in a way the huge lots allowing for 1-2 big rig trucks encouraging the trucker lifestyle does. 

Price, taxes, location and life style continue to be the big attractions.

In our market, this can come with a lifestyle balance as many of the more affordable areas to buy multiunits are not always the trendiest, but you cannot beat paying yourself in equity instead of giving that to someone else.