Fannie & Freddy do allow a 5% down owner occupied scenario. 

I have grown to really like the STR business!

New to the rental property/landlord business here.

Replacing the furnace will allow you to market the property with an awesome, new fuel efficient furnace instead of a fuel hog that could break on any day.

What is the best business bank account for out of state real estate investing?  

Myself and my mom were former clients of this business and can attest to the fact that Terrance Burner and Taya Lee scammed us.Terrance basically marketed Invictus as a "hands off out of state real estate investing company".

Its simply a cost of doing business and paying the fee's associated with the risk.  

This is a business to business transaction.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

My educational background includes a Bachelor of Business Administration (BBA) in finance, a commercial real estate certificate, and a minor in building construction and project management, with a focus on energy-efficient housing.