If you cash out 100% of your funds, you are most likely not going to cash flow with how high the rate would be. 

I would like dabble in Texas, but the high property taxes along with high mortgage rate make it difficult at the moment. 

You will need to make sure rents are high enough to cover the new monthly payment on the refi.

Thinking free food and drinks but want to be able to add value.

It's fairly high profile and owner wants tenants to provide proof of funds and concept prior to getting access to any info.

If you could provide a general overview or a step-by-step guide at a very high level—focusing on vacancy rates, capital reserve expenses, expense ratios, and any other crucial details—it would be greatly appreciated.

We closely manage every project, from beginning to end, resulting in high-quality work at, or under, budget.

I agree the tax rate is just way too high.

That's the typical "high yield" range -- granted "high yield" can also means 3%-4%. 

: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?