It depends on the strength of the leases, quality of tenants, and about 17 other factors.Are they paying market rate?

@Nick Sansivero I have an excellent PM with affordable rates and a great track record shoot me a DM if youre still in search of a PM 

I've only done 80% CLTV HELOANs (not HELOCs) on investment properties, but that's not an interest-only loan and usually rates are in the 10's at that high of a leverage. 

Hi All,I have a few SFH’s which don’t cash flow so much, but I have a great 30 year fixed loan with a low rate on them.

I am looking for a place with high occupancy rates that can yield a good return on cash invested, ideally around 25% or up.

Take a look at the study from Amsterdam. by Piet Eichholtz Eichholtz_A-long-run-house-price-index.pdf (maastrichtrealestate.com)basically a nearly 400 year study of the prices of the same homes along the best canals in Amsterdam since 1628, and the prices rose at about 2-3% or the historic rate of inflation there, same study has been retroactively and proactively studied in almost all countries on Earth and they all get same answers over long term, (Re rises with inflation rate) Now you can have short term bubbles like now in USA, but they usually deflate like the 22% drop from 1929-1935 or the 34% drop from 2006 to 2012, which many of us benefitted from.

What is the plan when insurance rates or HOA fees go up? 

Nice to meet you!!!!

Cons: - I think property tax rates are kind of high.

Some lenders won't allow it, but there are lenders that do. it is a business purpose loan - you'll need to sign a form stating that you won't be occupying the property and your rate may be slightly higher than if you were to close in an LLC.