Most lenders will for try to send you down other roads first such as a loan mod or short sale, before they agree to DIL. 

But in short, you have a few options:For the Primary - If this is a free and clear you can always do a cashout refi up to 80ltv.

The remaining principle balance is just short of your final payment.Are there any questions?

Look, I am rather regimented when it comes to hard money; that a HML should ONLY ever be used for short term transactional purposes. 

A strong “Core 4” can make managing your investment remotely much smoother and prevent a lot of headaches.Also, as you narrow down cities, pay close attention to factors like job growth, population trends, landlord-tenant laws, and short-term rental regulations.Happy to connect with you, and good luck as you jump in!

Layer on the ability to invest the funds that otherwise would go towards the down payment and transactional costs and you likely come out ahead in such a short term horizon renting.

It's great for managing at the property/unit level, but unfortunately, falls short on managing finances big picture once you add more property.

Here's what works for me: 1) Posting your property on Facebook Marketplace2) Craigslist3) Talk to local universities or big corporations who may need short or long term housing for their clients4) Property managers are hit or miss.

You don't have short-term maturity risk, and you don't have prepayment penalty risk (just has a 1% exit fee). 

Regarding the market, short term rentals typically lease quickly as Jacksonville is one of the hotspots right now for STRs.