You're situation could be far different, for me I am looking at higher construction costs than you have (most likely) and deals in the area I can put 20% down on as opposed to using the money for another unit. 

Just like rent control, it ends up costing more money and reducing supply - the exact opposite of what the ostensible goal was.  

Hi all, has anyone else here loaned money to Matt Motil in Cleveland?

I’ve personally met some lenders and financial professionals with interesting products at local networking events, and it’s a great reminder of how important it is to connect with people in the community.

I am trying to maximize what my business can pay for while reducing my personal income tax.

I personally prefer a cash out refi because you get the cash out and your done.

That's why I'm thinking I would have to spend a good amount of money on lead gen.

Looking for options that cost no more than $200...I hate the option of offering cash-for-keys to tenants who already owe me money. 

You could increase the timeline and possibly save money by having other people do some of the work.

It is good practice in assessing STR potential and performance by combining personal research and rental experiences (rates and dates) with at least one local reputable Property Management company rental revenue estimate.