It helps reinforce my idea! 

Great idea! 

Generally for an investment property under conventional cash out refinance, the max LTV will be 70-75% - so you can calculate by (700k x LTV).As @Nicholas L. mentioned, it's a good idea to compare conventional and DSCR cash out refinance options.

Any ideas from the MBs besides the obvious "you still need to put 10% down?" 

We found that this business just wasn't what we thought it was going to be, so we brainstormed on other ideas where we could house individuals that really need and want assistance.

I have been told to use Baselane so that they can ACH transfer for free, and that baselane also gives me 4.5% APR for my money saved there (i.e. security deposits, etc.)However, I don't like Baselane's withdrawal limits, and also how long it would take for baselane to transfer money to my primary checking accounts, at JP Morgan.

There's a pretty good chance you gave them permission to hire whomever they wanted and charge accordingly unless you have a dollar limit on expenditures. 

I've looked at First American/Data Tree and a couple of others but they seem pricey especially considering the search and records limitations on the base plans. 

No "smart people" have ideas on how to do this? 

This seems like a GREAT deal and good way to get into real estate especially with the limited inventory in my area and this being my first "investment".