Since most of the responses have already said they wouldn't do this strategy I won't comment on that, I'll just say the Guru's constantly preaching get as many Doors in your portfolio as you can aren't discussing the fundamentals, that's clear by so many new investors posting about getting deals that are cash flowing little to no cash flow, but hey they added 4 or 8 doors.

Gentlemen, the fundamental question is that I want to do either cash out refi or HELOC at a max LTV.

Governments seem to be ready to go as all out as they were during the Great Recession to deal with stuff, and underlying economic fundamentals are better in many ways than then...

First thing you should do is make sure you understand the fundamentals of owning a business...

What you CAN control is buying properties that have solid fundamentals in any weather.

I’m not surprised you’ve gotten so many responses about the effort required to “find/create” cash flowing deals in this market, but I am surprised how many mentioned STR.That’s a big learning point for me on your post, and requires fundamentally different skills and teams for future deals than past deals if the answer truly is “pivot from LTR to STR” until the market changes.

I know there are other complications that come into play with syndicating (due diligence, renters, renovations, etc) but similar fundamentals.  

I'm very partial to Indianapolis and Kansas City not just because of cash flow but also because of the strong economic and demographic fundamentals for both.

This is where I fundamentally have to disagree.

The fundamentals of what he preaches is true - larger deals are easier to manage, get debt, appreciate, etc because of the economies of scale.