If there is a potential for loss of any kind, then you are using their funds for your benefit - i.e. gambling with other peoples money - so definitely a place you don't want to go.

Sure, people will tell you that you can without talking to the bank, but they could call the loan due at any time (assuming there is a due on sale clause, and there probably is).

Use a smart lock so you can give temporary codes to all of these people. 

I got my license earlier this year so I can keep growing my portfolio and help other people learn what I did.

I have seen more and more people put houses that should only be a long term rentals into service as a STR, as well as paying prices that will not cashflow. 

If you stay in this deal will you be missing out on winners or, like many markets now, are the margins so thin that you will have to take a similar risk on the next deal?  

This increase is partly due to higher demand for rental properties as people move to the area for work and lifestyle reasons by there are other things to consider of course. 

I actually just did a dscr loan to pay off the hard money I borrowed on the second property (where we live and rent the actual house) I estimate the appraisal to come in around $215-280K which if I were to take out 80% would barley give me enough to buy anything in the FL market and have cash left over for renovations.Not sure if im missing a step here or if it might be best to buy an auction home with that cash to flip and have more capital to have more deal options. 

I've gotten lots of information here, from lots of great people, but "life has been lifing", as they say. 

Attend meetups and meet as many people in RE as you can.