For this property, you would be wise to incorporate the income from the other units against your debt service to make the property more attractive to lend on.

If you ever spent any significant amount of time at all working in "corporate-world" (a.k.a. cubicle-world), you wouldn't even have to ask the question.

@Ray Trounday send me a DM and we can pull up a chair and chat about this subject for a while

Everyone in this country either works at corporations, buys from corporations or invests in corporations through their retirement accounts.

When I look at global debt, the dollar crisis, the RETIREMENT crisis seems to be the big pink elephant in the room no one wants to discuss, I sit up in my chair a bit more... 

But, after that we will refinance and use the money for a down payment and rehab on a rental.2-5 more single family rentals with solid tenants and all major repairs done.Purchase the wife a newer and more dependable vehicle.Get incorporated and also start another small business.Build a small stage and a sound system that shakes windows for miles. 

Some unincorporated counties, that traditionally are more laissez faire about land use than incorporated cities, are starting to restrict or outright prohibit short-term rentals. 

Just a thought about value-add; can you incorporate an ADU on the property?  

The power of good SOPs comes from getting bit (or learning from those who have) and incorporating lessons learned.

After spending 10 years in corporate America within supply chain management, I get farther from my college days and become less able to assess the impact of my degree.