You could also potentially look at a line of credit if you have enough equity in the properties, but again that would require appraisals. 

I would highly consider selling the impulse truck purchase, with a monthly payment like that it has the potential to increase your DTI 15-20%, which provides more challenges around funding your investment properties. 

We are looking at AL, TN or FL as potential first time investment properties and so far this company looks the best and the numbers they sent seem great as well, but I would some more insight if anyone has any. 

Which city, area in Michigan has more potential for growth?

These type of loans typically look at your credit score, the down payment, and the potential rental income of the property.

Your situation is probably better for seeking out "Non-QM Lenders" or potentially other "Creative Financing" options

.- Are there any tools out there that could potentially project what the property could rent for?

Will they leverage the income potential like they would on An already built one? 

Option 1 allows you to spread your investment across three properties, considerably increasing your rental revenue and accelerating portfolio growth; however, maintaining several mortgages can be difficult, potentially limiting your cash flow, especially if one property is vacant.

There's potential value to separating the two from each other. 5.