If you play around with my DSCR pricing engine link in my profile's bio you'll see that the difference in rate for 680 vs. 780 is about 100 bps.Most lenders have brackets for about every 20 points or so.  680-699, 700-719, etc.

I'm playing with the idea of the Murphy bed cabinet with two accent chairs.

Sometimes the best investment is found in a 'transitioning' market that is just outside the 'great' market and is in play to be the next great one. 

I plan on starting out next year with a small plug and play solution to have minimum risk.

"Sounds good to me"I know there's a little bit of playing around when it comes to not being able to pull out the whole amount depending on the agreement between you and the seller.

Tenant screening also plays a big role in keeping things smooth.Are you buying locally or out of state?

The FEMA 50% rule does come into play, but we do a lot of ground-up construction, so some investors that do have some new build/heavy rehab experience are tearing down and building back to current codes.

You can play with it and build up a 3d walkthrough.

They want to pay based on what you're actually making.But I also believe that the square footage of the cabin plays a big part too.

The fact that you evaluated whether to sell or do a cash-out refi shows you’re playing a long game and keeping your options open.