The RV was parked next to a guys house with a 'clothing optional pool' but that's another story....

I would like to hear opinions on cash out refi, keep two rentals, and acquire the third home that i would live in, or sell the one rental to use equity to acquire my next home (which i would live in) and rent out the home im currently living in which will be paid off in 4 years, leaving me with one rental property instead of two.Thanks for reading Hi Wyatt,I would say the best option would be to cash out refinance the property you currently live in into a commercial loan like a DSCR loan and use the money to purchase your next home.

I agree with the wholesale option or hiring an agent to post on MLS.

The other option is to rent but to hire someone to manage your rentals.

Should I maybe suggest he try syndication or even a lease-to-own option? 

I would think the best option for you is to try to get around as many likeminded people as you can and be active on these forums.

It is possible to do the FHA loan in FL since it would meet the distance criteria, the DTI on existing property would be a possibility but there is always options that do not unfold until all the information is gathered. 

I am exploring two options as a new investor.

DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

Kind of in a pinch for some capital, and the only other option I’m considering is a straight cash out refi to avoid the risk.