If you decide to move forward with them I highly suggest you alert them to the fact that you will be recording all phone conversations, and do just that.

There are options for no-seasoning DSCR cash-out refinances, rates may be slightly higher and you may need to have two appraisals done to verify market value if it is significantly higher than 110k.

Would the property taxes on this property be taxed at the residential rate?

You need to grow your portfolio to 10 plus in out of state investing on leverage to make anything decent at todays interest rates.

You would use a similar one to analyze SFH/MFH deals - except your self storage one will be a lot more in-depth - how many units, size per unit, rate per unit, unit mix etc.

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.

Free attorneys from tenant-support groups are very effective in finding ways to block and delay.PS: for anyone interested in supporting our landlord legislative efforts please join the Rental Property Association of Wisconsin RPAWI.org which is a Milwaukee-based non-profit.Cashflow in Milwaukee is still possible at current interest rates, but you have to be careful to not "buy cashflow" with a huge capex liability that comes with old buildings! 

Before I refinance the HELOC, what are other rates our there?

Rates are killing DSCR.

It helps to have a conversation with a lender in advance (if you are serious...don't waste anyones time) to explain your situation and see if there are any red flags.For single family or 4 units and under a pre approval is also not needed but does go along way.