This is what makes the hard money to DSCR combo a great one-two punch for the BRRRR Strategy. 

Worst case you have zero money and you pay interest for one month on $330 for an “expensive” repair. 

If you are trying to continue holding the other two properties then you should pull out some equity in the form or a cash out refinance on one or both or use a portfolio loan as @Jimmy Murray suggested.

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?

1) I think it’s “funny” that not one news article I ever read for the last 5 years had headlines like “Housing at historical record lows!

Different with each shop.Sounds like you haven't done one yet. 

What are the largest pitfalls one may run into that turn this from a 150 to 350 ordeal?

@Lauren Lewis, also one of our members Barb Mayne hosts a monthly meeting for the Topeka / Lawrence areas - it is on the MAREI Calendar and she also has a facebook group and a group on meetup - eKARI  Eastern Kansas Association of Real Estate Investors.

I’m considering this one because it advertises help with tax structuring and LLC advice which is appealing to me.

I received one once and sent it to my attorney.