Depending on how much the property is worth the refinance can be used to improve the property.How much are the properties worth?

Ask the MLO what can be done to improve the DTI. 

One way is to force appreciation, through improvements.And she has your perfect path (in my opinion): to buy a property that needs slight improvements and updates.

We improved the amenities by extending the pool deck, adding a large pergola, bought new pool furniture, and added a grilling/seating area.

I hope to start investing in South Jersey so I can focus on my first property and learn from the things I do well and also the things I can improve upon.I am so excited to join the BP community and more than willing to put in the hard work to learn from all of you!

Not too many commercial lenders are going to refi you based on ARV of the property 3-6-12 months after purchase just because you made some improvements to add value.

I have not set my profile up yet as I have an active situation going on that’s time  sensitive .

I'm hoping that would imply there's room to increase the rents via improving the quality of the units.Thanks again for the response and educating us on what DSCR & CAMs are about and how those figure into the numbers, we really appreciate your input.Cheers!

The only gift I ever give is a $50 referral if they send me a good person and I end up renting to that person, or a referral for my home improvement business.

"Driving the area" using Google Maps I would rank investing there as the same risk profile as investing say New Kensington, Brackenridge, Aliquippa, etc.I am not sure of the economic drivers in that area, on the bright side it's NOT in a flood zone :)