Most loans have this clause it may not state these words exactly but it's generally there. 

Thanks for the kind words @Russell Brazil and @John Mason. 

I am based in san francisco but pretty open to investing anywhere across the country - as long as it's a good opportunity in a good/profitable area.

These are the few numbers I have (purely based on first conversation) Her operating costs are about $900-$1000/month. about $450 for the county to come inspect once a month, costs of upkeep, meter reading, invoicing etc. 

Here are a few ideas:- HELOC: depending on how much equity you have in your property, you may be able to apply for and borrow against that equity- DSCR: BP now has a find a lender link and I'm happy to recommend mine as well if you'd like; there are lenders who do loans based on the future rental value of the property- Borrow from your 401k: typically you're able to borrow up to $50k and if you have multiple 401ks, borrow from multiplesHopefully this gives you some ideas of other options to bring in some cash for your investment!

They're based in NJ so I'm not sure if it would matter if you're out of state. 

Most commercial loans are based on income. 

Once you determine what lender you want to work with, find your realtor and refine your buy box based on what will be eligible for your lender.

The amount is based on the assessed value of the property and the local tax rate.2.

I am based in NYC but I am looking to invest in properties elsewhere in other states.