Whether we agree with these items or not, the following are inflationary government policies: stimulus, student debt relief, tariffs, increased child tax credits, limited immigration, and big government deficit spending.

If you want the least amount of paperwork, you could consider refinancing into a debt service loan.

One solution could be a Debt Service Coverage Ratio (DSCR) loan.

Usually draw fees are very minimal though and if you plan them right, it can be a great way to replenish your cash or pay down debt from rehab.

They use an economic vacancy figure instead of breaking out loss to lease, bad debt, and concessions so as to conceal their assumptions but a skilled operators can reverse calc it.

Eliminate debt, establish a budget, and save.

Best thing to do is avoid the higher DTI debt to income, claim one as investment and use the rents to offset the new purchase. 

Further, the property may qualify for larger loans based on the increased cash flow ability to service debt.  

So far mostly people are telling me I'm probably stuck until their lease is over. meanwhile I also need to pay down my debt and improve credit score. 

Everything you said is exactly why-- debt levels, market demand, associated costs(taxes & insurance).