So, you really need to understand the location, how rainy it can be (the southern zone has a longer rainy season than other parts), how remote it is, and what the roads and other infrastructure is like.

This was a little more difficult timing because it was during the Holidays and the slow part of the year, but we still got someone placed, and got a higher rent than we expected ($1025/month).The Refinance:We started the paperwork for the cash out refinance process in month 5 (Jan 2020) so we could close as soon as we hit the 6 month seasoning period for the property.

Most renters do not find that appealing especially in rainy season.

I think you'd be able to airbnb in the summer/fall and like someone posted above maybe for ski season. 

A "few months" isn't that long.Has the seasoning period passed?

Demand is a tougher one to gauge and has many variables involved - season, pricing, competition, etc. 

Last fall, these lenders told me they can refinance without a seasoning period if you have rental income:Oklahoma Educators Credit UnionBank of HydroThese lenders said they could lend after 6 months of seasoning:Arvest BankBank of OklahomaAllegiance Credit UnionNot sure how they feel about out of state investors, but it's always worth calling to find out and ask for additional recommendations.

I'm looking for anyone both new and seasoned to connect and share knowledge and wisdom with.  

Once the property is stabilized (rented) and title seasoned (1-6 mo. on title) depending on lender then you would get a loan for up to 75% of the new value of the property and take 75% of the value as cash.Scenario 2) Buy with a short term loan (bridge, Hard Money, Private investor) rehab, or not.

They won't close any deals because they lack the refined skills of understanding title, working with the legal community, & competing against more seasoned professionals working that niche.