We ended up with a lender that specializes in tiny houses out in Utah, but they ripped my arm and leg off in terms of interest rate and down payment.

How are the occupancy rates?

So does this make sense or what would you suggest here put more down like 40% I know everyone says use leverage and keep expanding and scaling but how do you do that when interest rates at 7% and cash flow is clearly negative.

Many states have homestead style laws that make it difficult to take someone's home during a lawsuit or similar event.However, cash out refinances are typically at a higher interest rate than a normal mortgage.  

Always increase your vacancy rate and capex amounts when you're buying property with tenants in place. 

Interest rates, insurance hikes, rise in real estate taxes, eviction delays, rising expenses and delinquency are just a few problems investors are encountering.

With the interest rates being a little higher right now most of our investors are putting 30-40% down to make it make sense for them.

There are less lenders who do this and the rate and fees will usually be higher. 

Those usually come with a higher rate so I would ask Guild about an escrow holdback.

I lived in the area for a bit, and saw the high AirDNA rating for the area.