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.

-Rate buy down to as low as 3.99% to dramatically increase cash flow.-5% down payment credit where RTR pays 5% of your down payment allowing you to keep more of your funds for other investments and increase overall ROI.

Every lease starting 1/1/2025 to have boldface lettering in 12 point font stating the following:EVERY TENANT IS ENTITLED TO SAFE AND HEALTHY HOUSING UNDER COLORADO'S WARRANTY OF HABITABILITY AND THAT A LANDLORD IS PROHIBITED BY LAW FROM RETALIATING AGAINST A TENANT IN ANY MANNER FOR REPORTING UNSAFE CONDITIONS IN THE TENANT'S RESIDENTIAL PREMISES, REQUESTING REPAIRS, OR SEEKING TO ENJOY THE TENANT'S RIGHT TO SAFE AND HEALTHY HOUSING.    2. 

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

You can pay them a competitive interest rate and you will retain full control of the building while you learn about managing rentals.

Plus if interest rates ever come back down into the 4s or 5s I'll refinance everything and be really happy!

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

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! 

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.

A mirror question is where you ask what is the average vacancy rate each month.