You can always leave and repeat the process and rent out your old living area.  

It seems that there is some risk associated even if it cash flows because our names will still be on the mortgage and affecting our DTI ratio.

I’m looking to connect with those of you who are actively using or interested in the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to scale your rental portfolios.Whether you’re new to BRRR or a seasoned investor, I’m here to discuss best practices, potential local opportunities, and ways we can collaborate to make your investments efficient and profitable.

@Jerry Tello I should have mentioned the laws and how they affect your returns vary tremendously from state to state, and sometimes county to county.

What you describe sounds a little like a BRRRR (Buy Rehab Rent Refinance Repeat). 

Enter a strong rental town with lower cost housing, fix it up nicer than most stuff in town & lease (and repeat over and over). 

The Triangle has been repeatedly voted one of the top places in the US.

You’d buy an off-market, distressed property, fix it up, rent it out, refinance it, collect your money from the refinance, and repeat the process.

Fortunately our remedy was fairly simple, large floor fans and new ceiling tiles but it was a massive inconvenience and the damage would likely be much worse if it repeated in units in other places.

From there every 20 point increment affect pricing differently.