@Lucas Kirma welcome to the forums.

Quote from @Jason Martinez: Thanks for the post!! 

Let’s say your 25% of that so you personally have to come up with$1mm to $5mm.  

Rents will go up.

but you know the warranty is only as strong as the builder. 

This will typically be a DSCR loan up to 75% of the new value.

They must first move out, leave the property broom-cleaned, and then they can pick up the funds at our attorney's office.Most won't agree to all this - so they are liars.

Hey nice to meet you PatrickI forgot to say that I’m an out of state investor but definitely want to come and join meetups I’m new to this market and thinking to invest on west Columbia, Lexington and Greenville on the northeast. 

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.I have not; I'm still working on acquiring my next house hack, but when I need it, I'll probably use a combo of hard money and margin loan.