I could swing a 5-10% down payment from my savings and then use a heloc provided I can find a deal

I am working on a few deals in three separate markets where the federal government has selected my client's bid to lease their building and was trying to find my client a lender who would provide 100% Loan to cost for the deal.

I am in the middle of buying two rental properties in AL with a turnkey provider. 

Your Realtor association should be able to provide you with a Realtor approved lease.

However, if this cash out refinance is necessary to do your next investment and the investment provides superior return than the higher cash flow you are currently receiving, it's worth doing it.

1. https://sports.yahoo.com/north-port-adapts-second-fastest-11....2. https://www.mysuncoast.com/2023/01/31/north-port-ranks-secon...3.https://www.simpleshowing.com/blog/wealthiest-counties-in-fl...4.https://www.northportfl.gov/City-Services-and-Safety/Residen...Operation costs are lower than average because they are new construction properties and if you choose to let us manage its hassel free because we know every nail, color scheme.The house is under warranty by us ( the builder) and comes with manufacture warranties as well.

Once you locate an area, dig into the average nightly rate, create a spreadsheet that calculates average occupancy (AirDNA can provide this) along with average nightly rate and begin plugging in properties & expenses in your target area to see if these align with your goals.

First and foremost, thank you for your service.

If you have any recommended insurance providers I would love to hear them. 

I'd also highly recommend getting an appraisal or at least having your real estate agent provide a BPO prior to negotiating with any "investors".