Going to be tough to find a cash out at 80% and if you do I would be cautious about additional/potential hidden fees.

Loan amount left is $132,000.If we list it, we can sell at $205k and assuming 8% closing / realtor / concession fees, the revenue would be $188k. 

Identify actual buyer who is willing/able to pay at least negotiated price, plus finder/transfer fee ($5-10k, for example); create a contract with end-buyer that identifies finder/transfer fee, agreement to complete purchase, and assigns difference (if any) of contract price and end-buyer price to self4.

Older homes can be a goldmine for this strategy, but make sure to do a thorough inspection for any hidden issues. 

DSCR loans have high fees.

Well folks your going to be hearing a lot of these stories, thanks to Pace while he is making money on membership fees and selling his book, it’s funny to me how people take this to face value.

Next it will all come down to the numbers for the deal to really confirm 80%-90% LTC/LTV on purchase, 100% of rehab (funded in draws) not to exceed 65-75% ARV (depending on the lender, most are 70-75% ARV) Kiavi is a great lender, but it comes at no surprise as their internal credit analysis throws me for a loop sometimes (and shocks me, as very qualified borrowers sometimes still don't make it through that analysis)In short, you simply need to connect with the right lenders and each will have varying rates, costs, fees, etcBill Fay referenced the Hard Money Lenders link here on BP which is a great direct resource! 

I know there will be taxes and fees I must pay to do this.

I can’t see the upside to a dst, paying fees so that win or lose you have to find another one when someone else decides to sell the investment or pay a boatload of taxes.

If you need financial advise, spend $1,000 consulting a fiduciary fee only (fee only is very important) financial advisor.