If you need an option that isn't as document heavy, a DSCR cash-out might be a viable option if it's an investment property.

I think build to rent is a great option if you can get cheap enough land to make it worth it.

An option to better understand and see the model without having to spend all the time is turnkey interesting.

Focus on understanding the rental market, conducting thorough property inspections, and leveraging owner-occupied financing options like FHA loans.

In option 2, your costs are $25k higher.

., (3) gives you viable options and explains the pros and cons of each option and (4) you enjoy interacting with - this should be a relationship, not a transaction.Once you find a few lenders like this (and you should have relationships with more than one), then you can start comparing rates and fees.

This is typically HIGHER than option one. 

The midwest has great options - Indiana, Michigan and Ohio has lots of great sub markets with good cash flow. 

What options does your lease give you?

They don't allow auto payments or automatically add late fees, and tenants would have the option to pull their payment back, which is not ideal.