Great. but while you own them, they remaining churn will be eating up cash flow with repairs and CapEx.

The distance from Queens to Manhattan is <50 miles, but a lender would understand that you need to move for personal reasons.If a lender suspects you are churning, then they will deny you.

But now with having to spend 4 - 5 points to get that bottom number on a pricing chart which is only 6.4% or so now, I see people paying less fees for an ARM product and not get locked into a rate for the longterm right now.Hard Money is great for the fix n flip because of the included rehab funds, so if you are a contractor or have a great relationship with a contractor then you can just churn out those 25k - 30k profits every 3 - 4 months.For Long-Term Rental products, HML is good but you can get better at your personal bank or credit union as far as a mortgage price, but those lenders will not lend to an LLC and they have all kinds of qualifications. 

I'd love to hear from folks who have recently gone through it. ( best areas, tenants churn, insurance cost range for a standard property, etc.)

I've been churning through the podcasts like they were crack though..up to 165 now. 

Has my hamster wheel churning LOL  I've started mailing out to my driving for dollars properties, but am working on a website now. 

(At $500 a pop, appraisers do not have time/money to conduct this type of continuous ongoing research, they've got keep churning appraisals out as fast as possible to feed their families.... as a lender frankly I'm not leaving the office for a refi, and agents don't work on refis, so this is on you if you want it to happen.)Now, what do you have? 

If this list churn was reasonable this wouldn't be so much of an issue. 

I also like “credit card churning”.

If you're talking about a place renting here in Portland, you've got to keep in mind that the constant churn of new rules and regulations coming from the city and state are driving overhead costs up for PM companies as well.