I've seen first hand how during the 2020 NorCal wildfire season and the 2021 Pacific Heat Dome (when temps reached 116 degrees) how people and pets flocked to the Oregon Coast for relief that was 30-40 degrees cooler. 

I am a small start up who is doing rehabs at this time.

Sometimes when a church is converted to residential the taxation may start at purchase or it could revert back to a date - that would be something to consider. 

Personally, I started in a market close to me as I wanted to do rentals so until I got my process down, I didn't want to venture too far from home.

We start showing rooms to prospective tenants right around a month before lease expiration.

There's a ton happening in the city and folks are finally starting to catch on.Detroit was also the fastest appreciating market in the country the other month, so it's clear folks are catching on!

I see a lot of unnecessary risk in investing in another country.If you still want to do it, I would start off with something on the lower end that is still nice to see how it goes for a couple of years before making a major investment out of country.I would thoroughly research all expenses such as taxes insurance, permits etc.

When you do a cash out refinance its cash in hand (liquid reserve) so it can be used as an asset or for PITI reserves on the next purchase.The other downfall is if your credit score should drop for any reason which can happen even my accident or mistake the lender will close or reduce the Heloc credit limit.

It's no guarantee but it's a good place to start.

Would I then start applying for DSCR loans?