If you answer with a scenario, please give the type of property, type of neighborhood and any other details you feel would be important.Thank you for taking the time to read this and comment.

My husband and I are at the best financial place we’ve ever been and we are wanting to put our extra $ into real estate investing.

PM me and I'll be happy to send you more details on calculating/analyzing the DSCR.

After intensive information gathering here on BiggerPockets, however, i am no longer sure whether this is the most suitable strategy to really grow in the long term.I would really appreciate it if I could talk to you guys about my plans in more detail and to hear your opinion.

This is high level, need to document intent and figureout the details with your professional. 

I know there's not a lot of detail here, but hopefully people have ballpark estimates. 

Should be, but your language is a bit less than precise* so good to check on the details with a professional (*not at all unusual or surprising as most peopled don't do this every day).

You cannot properly compare the numbers until you have ironed out the details on cleaning and have a good sense of projected price, seasonality, and vacancy.

I would determine how much more you will pay per month with the refinance compared to how much extra cash flow you will make per month by using the refinance proceeds to acquire another property.

Maybe Montrose, Pagosa Springs, or Cortez.Feel free to PM me if you want to talk more details on either the adventuring or the investing.