If there is enough equity at the 6 month mark you could do it then but there may not be much of a tangible benefit unless there is a PITI savings.If you are able to do some renovation in the first (6) months it might be possible to do it on the 6th month mark based on a higher renovation ARV.If you have any specific questions feel free to message me or reach out I am always happy to help and talk REI.

Regardless if a price of a property is high, I learned that sellers are humans and they will react and sell a property based on how they feel.

If you dream of owning on the Coast be very cautious of regulations against STRs, most communities are not STR friendly and some towns have revoked STR permits (lawsuits galore on that), so talk with an Oregon Coast based agent who KNOWS STRs or you could end up with an investment you can't rent and just have to wait out all the expenses of ownership until the appreciation kicks in.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

HI Mariya, My team is based in Orange County.  

Dwayne,It is unlikely that anyone can give you an accurate comparison based on just the info you gave. 

. $10k for a roof (at least here in my area) would be pretty low for most triplexes unless its a small area and no gables/valleys et) A new sewer line to the street often based on total length.

Within the nonQM space there are products like DSCR, bank statement loans, P&L loans, asset based loans, etc.

Those use a AVM based off Zillow or electronic records on file.

I would recommend first establishing what your financing options are based on your cash on hand and cashflow expectations....  5% down?