As long as you have good credit and the DTI is low, you should be able to get a conventional with as little as 5% down.Alternatively, you could add value to this house, increase equity, then pursue a cash out refinance and roll the cash into the next primary property.

So, I keep renewing them with reasonable increases in rent and I make sure to take good care of tenants by always maintaining the properties and being responsive whenever a need arises. 

Add Stayfi to collect guest info to increase direct bookings. 

The HOA paid for the repiping and provided the bill so we can send to the after company for the increase in charge.

While some lenders could have stricter guidelines when it comes to length of rental income history, these are the standard conventional guidelines that most lenders follow.

You are kicking the can down the road and increasing your losses.Start the eviction, period.

Before going into this, though I would be very conservative in your analysis of cost to renovate and what you think market rent (along with increases in taxes and insurance) would be so that once you are ready to refi into a longer term loan, your DSCR is rock solid and so is your cash. 

But stick to a set of standards and don’t fall for a story.

Owners work out the compensation with the individual directly (typically around 10% of the revenue) and this generally reduces management costs from the standard (25-35%!)

I'd also increase the number of builders you interview. on my last project I gave 85 builders a chance to match my number since I carry a license and only 2 could get to my numbers.