If you’re looking to finance a rental purchase, a DSCR loan could be an option, as it focuses more on the property's income rather than your personal credit score.In the meantime, you can get your current property rent ready while also working on improving your credit.

I would possibly look into some other options in the regions.Good luck!

Rochester NY has a plethora of options under 250k.  

You could also check out options like Cozy or TenantCloud for similar features.When converting to LTR, just keep an eye on local rental laws, lease terms, and any rent control rules that might apply.

The other option is PriceLabs. 

Economic Stability and Low Interest RatesGermany is widely recognized for its economic stability and low inflation rates.

FHA gets a bad rap because sellers and many agents think it's only for people who don't have the money so if I had 20 percent, but wanted to use FHA, I would present a proof of funds with my offer showing I have more money, but am using the FHA as a financial option so I can get an investment property as well somewhere else.

You can sell your Subject To on lease option and let the optionee keep up the house.

I was planning to do cash-out, but there are several factors coming together that is making that a less attractive option (higher interest rate, longer seasoning).

Right now I'm considering refinance options to pull out some equity.