With the extra cash flow, you could strive to acquire additional income-producing properties over time.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Those houses very often just sit and rot, get destroyed and turn into empty lots.

Let’s turn ideas into action!

We bought a new build years ago (and sold it 3 years later when the market turned up) and our TOTAL cap ex was $550 over the 3 years. 

As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.

It's now a really lovely 3/2 unit, but I'd love to turn it into two separate units; 2/1 and 1/1. 

Are you starting with some available capital or other investments that you can turn into cash to buy a deal?

In short, there are select cases where an experienced investor with a strong network can turn deals with low cash, but someone trying to get started with $10k-$20k is going to have a very hard time. 

Part of the reason we have that equity in our homes is to tap into it and turn it into even more wealth.