For rates to drop considerably something has to change in the economy.

Fewer than 20 have signed up.You can lead a horse to water...

Water heater 3 years old.

They were never particularly nice, beach cabins on stilts with rattan furniture that usually had water stains from wet suits.  

A "total reno" can mean it's all original and very outdated but livable or it can be an absolute disaster with foundation issues and sewer and water problems.

Regarding your lender pool, are you going to residential lenders that happen to dip their toes in the water of DSCR?

So thankfully with the help of my mentor and his crew of Six, we were able to complete all prep and are amidst our final pass for sanding floors before our water-based polyurethane. 

I hope you or someone is at least keeping an eye on your properties for break ins, squatters, roof leaks, temperature control, frozen pipes (if in cold climate), if you have a basement and sump pump goes out leading to water damage etc.I just talked to two investors in California that have let their properties sit vacant (no mortgages so paying property taxes and insurance).

Learn as much as you can for free first before dropping thousands on courses or mentors. 

If I can ever be of asisstance feel free to drop me a line.