Hi Alyssa - There is a lot of info out there on cash outs which can be very confusing!

Thanks for the info on the two management companies, I'll definitely look them up. 

Yes, there are ITIN DSCR lenders out here for $100K and up DSCR loans.More info on DSCR loans:DSCR loans won't use your income to underwrite the loan.

I take this as opening a regular savings account and using it to just hold the tenants security deposit and informing them about it. meaning you shouldnt have to open and close the account every time the tenant turns over. 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.

Feel free to message me if you want some more detailed info on the Idaho Falls market. 

@Josh Leighthere are different ways to answer this question... but if you don't have much cash to work with, just save up more cash. 

Also don't bank on appreciation "saving you" and you will definitely be spending a lot more than you would think on maintenance.

Regarding messaging, I have my welcome message, checkout message, thanks for booking message, and quick check-in message all saved on the notes of my phone. 

The answer probably depends on your long-term goal and how long the long-term means for you.You are correct that if you put 30% down on three properties, you will then have to wait until you accumulate enough cash via appreciation, cash flow, and savings in order to buy the next property. if you execute a brrrr, you would be able to keep going.