Some are on septic and well systems and not regular water and sewer.The more you go suburban to urban core with upgraded construction the more the cap rate tends to drop but generally better loans available for well located assets and a strong tenant.Without knowing expected proceeds from the exchange, if you will add additional funds to the down payment, what purchase price you are wanting, what area of the U.S. with cold belt versus warm belt states, etc. it is hard to comment further.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan. 

Or are you planning to purchase the property in the US, outright with a loan from your stocks in Canada? 

Went on to purchase additional rentals so tenants can pay down the loan and I build equity How did you find this deal and how did you negotiate it?

Banking has changed. 30 years ago, you could walk into my bank, chat for a while, shake hands, and leave with advice or a loan check.

i fyour getting paid off when the vertical loan goes on.. then your in first position . so not sure what the issue is? 

I heard somewhere and can't find the article anymore that PHA has over a billion in outstanding repairs.

5% down federal loan How did you add value to the deal?

If you're using a DSCR loan to purchase the home, most lenders use the lower of the lease agreement or 100% of the market rent from the appraisal form 1007 to determine the DSCR.

*Aggressively paid down debt, focusing on loans with the highest interest rates and lowest balances that could be paid off the quickest, converting debt to cash flow.