I also have been looking into a IRRR refi but like you pointed out, I realize that the best way to find out what would be the best route is looking at some numbers in order to achieve my goals.

But looks like I could also just raise an offer with conventional loan by 3K to achieve the some other kind of an advantage but saving a lot of time having to refinance later...

At some point in time on your proforma, you'll achieve market rents.

@Steven Wilson That sounds amazing , great achievements to celebrate!!!

Often times you get better matches when you skip trace with the data provider when procuring the leads.

That data certainly feels true on the front lines.

Then, skiptrace the data (you can use Batchskiptracing).

With the right tools and systems in place, you should be able to achieve this with only a few hours per month.

It's in the systems we find efficiency and data driven results.

I would tend to steer you towards Black Mountain, Brevard, Waynesville over Canton, as I believe they are more desirable, but ultimately, go off what the data shows and if you can meet your target CoC, etc, then it could be a great opportunity.