With the amount of work this needs I dont think I'll clear the 50% rule.

I know an investment property mortgage tends to have a higher rate than a primary residence, but is there some other rule I don’t know about with cash-out refis on investment properties that pushes the rates even higher?

For my own investing I like to Use the 1% rule. 

Anyone who doesn't show up during this window is automatically ruled out.I find that with this method, it saves me time and shows me who is respects my time by following instructions and showing up on schedule. 

My VA-purchased 4-plex still hit all the magical rules of thumb, as well as checking out in reality upon further analysis. 

I have read posts and listened to the podcasts and they discuss the 1% rule which I understand is a rule of thumb.

Some people swear by it, some people won't touch a property unless the 2% rule applies.

You are in the very unique position of inheriting a rental property where you are guaranteed to meet the 1% rule each and every month. 

Meaning that for grandma to get that $2k check in the mail, the mortgage balance is going up by MORE than $2k.For that reason, in almost all cases, the heirs will be financially better off supporting grandma than they would be if grandma takes out a reverse mortgage.

I am not sure if I need to be shooting for a ratio or percentage of the total price of the home that would be a typical rule of thumb or not.