This run though focusing on zero debt instead of drinking the refi to you die cool aid I believed prior to 08 .. we can now sleep well at night compared to those days.

Regarding your lender pool, are you going to residential lenders that happen to dip their toes in the water of DSCR?

Lot had the dry stream water flow going thru the middle.  

A "total reno" can mean it's all original and very outdated but livable or it can be an absolute disaster with foundation issues and sewer and water problems.

They were never particularly nice, beach cabins on stilts with rattan furniture that usually had water stains from wet suits.  

Lead water lines have been a big topic here and I imagine in every older city in the midwest and east coast.

I hope you or someone is at least keeping an eye on your properties for break ins, squatters, roof leaks, temperature control, frozen pipes (if in cold climate), if you have a basement and sump pump goes out leading to water damage etc.I just talked to two investors in California that have let their properties sit vacant (no mortgages so paying property taxes and insurance).

Delaware Water Gap is more of a weekender, but can work.

Cool idea.

Building a sport court will run like $30 grand, but would increase your rental value. a 6bedroom 4 bath house with a sport court, hot tub, fire pit, mini golf, arcade etc. will most likely crush it because it's cool.