Would you be better off selling and purchasing a less expensive property that would require less carry should it become vacant for some period of time?

In my experience in MO, land bank properties are very low priced (these are generally properties/parcels that weren't sold at the tax auction), but they often have significant tax liens on them that must be cleared in addition to the "sale price" AND they require a significant amount of rehab in order for the properties to be inhabitable. 

Hey Alex, There are foreign national DSCR loan programs available for your scenario: Below are the list of requirements I have found most lenders have : 1.

Does it cashflow as you expect/require?

Because Zelle requires more data entry I would explain with the new lease there will be a small and reasonable processing fee if the tenant kept with zelle but they can still use it.

CA maybe as high with their EIR requirements that cost 250k to 500k just for the EIR reports.

Both what the resulting end product will be AND the capitol investment required. 

Follow the law and send the exact required notices. 

Also start talking to lenders now to understand their requirements 

May require some patience, but trust me, this stuff is not easy for some people to follow...