Hi, I am looking to invest in Ohio, mainly in Columbus, and Cleveland, but recently Dayton, OH got my attention in terms of affordability. 

If you are ever up in Chicago I'd be happy to link up as well.Your decision-making skills as a vet/emt will go a long way in real estate.

I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

Many coastal towns in Florida are restricting short term rentals or banning them.

I would put money down depending on the terms.

So, when closing, your new lender would give you a check for $10k to do whatever you want and a new, longer-term loan.

They are short term solutions.

Long story short we got our inspection back on the property we have under contract and are curious how much concessions or in what way we could ask for concessions due to the nature of the findings. 

We're ok with not making immediate $ as this is a long-term plan to buy and hold for 30 years to take advantage of appreciation, loan paydown, tax advantages, and possible increased rent in future.

If given a choice between one paid-in-full property and two identical properties with 50% leverage, the latter will always out perform in the long run.