If the properties you're buying are going to be investment properties, DSCR loans can be a good option if you don't or can't do an income based loan. 

The city offers a strong rental market and with affordability as well as a median home price below the national average, the city stands out as an attractive option.

What are my options here? 

Hey @Duane Bowen, you'll have several options to finance the rehab, especially that you own it free and clear!

If you want to use leverage 2-4 units probably gives you more financing options and also widens your pool of buyers for exit strategy. 

And points are optional of course!

For cost effectiveness we are using Citizens but he has several options to choose from.

Most people will not qualify for this, Fannie multifamily is simply not an option for someone new to this asset class.Bank - This is a Texas headquartered bank. 25 year amortization isn't the sexiest, but that's a human-attainable interest rate with very modest points/fees, with a short prepayment penalty.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

No matter what option you choose, it's going to cost you.I recommend you get them out and then consider selling the property and investing in a State with fair laws and court systems.