This could be a safer bet as we wouldn’t have to deal with cash flow concerns post-rehab.BRRRR: If we refinance at $256k (80% LTV of ARV), we could pull out most of the invested cash.

If your brain isn't shooting sparks right now screaming "oooh OOoooh OOOHHH, where's the opportunity, oh i bet I could..." then this is NOT your thing. 

Those neighborhoods have been popular  because they offer a decent balance between purchase price and rent potential.

You don't know how to in hard times, and I bet you can just get by on normal times. 

CPAs and Lawyers will always tell you to get one (and contrary to popular rumors this has nothing to do with getting more $ for filing fees).

@Syed Lateef I guess if you bargain a bit ABT would be a good bet but I find it hard to believe they have the best pricing.

In certain Colorado markets, especially near popular tourist spots or cities like Colorado Springs & Old Colorado City, STRs have the potential to bring in higher monthly revenue, even if they require more management.

https://www.biggerpockets.com/blog/short-term-rental-loans-a...DSCR Loans: Terms to Know When Working With These Popular Rental Loanhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowWhat’s Next For DSCR Loans?

They will be your best bet in Florida. 

If you are, I recommend buying a small multifamily and house hack to reduce your largest living expense while building equity.I recommend talking to a lender (i can connect you with one) about the income fluctuation and see how much you can qualify.Your best bet is to get a owner occupied loan with 30 yr fixed rate.