Most of our current inventory qualifies for a 4.25 to 4.75% intrest rate and can acquired with as little as 5% down.  

A heloc/heloan won't allow us to break even on rent (even without property mgmt fees) and is up at 8.8-10%.

Cash out refinance is an option as well, but it is not very appealing at this time (background here is $330k left on mortgage at 2.65% rate).  

We have a cash purchased SFH in Kansas City MO that we got for $75k cash, that rents for $875/mo (After management fees, taxes, and insurance, we profit $580/mo). 

I believe there is a fee to operate a business in Tennessee but would it be worth it to protect myself? 

What are you proposing as the split of the wholesale fee with your closer?

Also, I hear that Ohio has pretty good returns based on purchase price and rental rates. 

The primary residence and one additional dwelling unit without any additional requirements, fees, permits, licenses, zoning, or related restrictions."

.- I go to military training on the 7th.I have a good lock on my interest rate and afraid of doing the mortgage application over again due to a slight decrease in my current job pay but will be going up again in a few months and I'll also be house hacking once I own and solely live in the house.

Compare rental rates in your area for similar properties.