I can literally arbitrage the spread between my existing mortgages and my Ally bank savings account. 

5yr ust is 380bps the spread seems more than fair I like the 5yr lock but just personal preference 

First step is to narrow down what strategy you want to pursue, then choose the market based on the strategy. 

I am still doing some market research to narrow down my location and am therefore looking for any insight be it advice or warning, I'm open to it all.

Try to narrow down your options to the top 3-4.

If done this way, the investor could use this as a powerful tax strategy to spread the taxable event over years, lowering the effective tax rate faced from the taxable events.I have heard professionals compare it to an installment agreement, but with more control.

Stay informed about market trends and local real estate conditions, and consider diversifying your portfolio to spread risk.

Great news is when you get a deal there the spread is usually solid, bad news is many of the traditional marketing tactics don't work very well (at least in NYC where you cant cold call, PPC & PPL is really expensive and I don't know anyone who does well with direct mail).

Each lender has a different spread in the DSCR world. 

You continue the process until all of your debts are paid off.Diversify investments: Spreading your risk by investing in different property types may protect you if something happens.