If there's enough equity there, that would allow you to continue investing without giving up that great rate.Another thought would be to take on a partner who has some cash, which is something you could also utilize if your existing equity isn't enough.It's a good question.

If major renovation is needed, you may need to do a short-term Fix and Flip loan to renovate, then refinance to a DSCR once it is ready to go.  80% LTV is pretty typical for a DSCR, especially with your healthy credit score. 

Typically, cash purchases close about two weeks after the relinquished property, while financed purchases close four weeks later.

They will often tear up the house, not pay their portion of the rent or utilities.

I know it is typically only used for finding vendors when you have an issue but I bet the right handyman would be open to your proactive search.

Underestimating costs, excessive leverage, neglecting to perform due diligence, and unforeseen repairs or vacancies are typical problems.

Say property owned by “property company” gets purchased by “business LLC” for the new value, which would be a new depreciation amount about 3x higher When refinancing a commercial building that is being rented out, the valuation will typically be based on the Net Operating Income (NOI) of the property.

Buying in a hot STR market may not produce the greatest CoCROI because hot markets are typically more expensive to get into.

Beyond controlling moisture, relocating utilities, opening up egress and ensuring you have proper heights are going to be your other big costs.

It's a good thing I'll be able to adjust rents up however, because operating expenses have gone way up also thanks to steeply increasing property taxes, insurance, utilities, lawn care, snow removal, appliances, hiring anyone to do anything, materials, price per square foot to remodel, etc. all goods and services have gone way up.