Beg family and friends to fund it for you.They "might" do it if they see you've learned a lot and your business plan sounds very solid.How do I know this "might" work?

This news sent the deal’s value into a tailspin.At this point, I was looking at barely breaking even.

Just bought 3 houses last week from a builder. 

I'll wrap this post by pinging two other Japan-based American investors for their thoughts (until they actually tell me to stop doing this): @Steven E.

Have you obtained any detailed cost/benefit analysis quote?

Can someone please clarify this for me?

I know this because they filed an affidavit which clouded the title on a land contract that I purchased from them.   

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

From updated tenant rights laws to shifting zoning regulations, staying compliant can feel like a moving target.

Yep - My firm can do this for rate-term refinances and/or acquisitions, with stipulations (specifically for 85% LTV): Min DSCR of 1.25x+, Min FICO of 720+, SFRs.