Point of sale is good for flippers because your buyer base doesn't typically have the resources to assume any point of sale violations and make the escrow payment etc....So you taking care of all that is a big opportunity.

I’d pull money out and use that for a down payment on another property personally. 

Investing out of state: Currently the BRRR is the most attractive method to me, perhaps starting out with a good ol’ fix and flip to test the waters, however the Denver market seems very expensive to do this and the cost of skilled labor (at least for things on my own house) is SKY HIGH.

Having a copy of this document is essential for both landlords and tenants to refer to, ensuring a clear understanding of the rights and responsibilities of each party involved in the rental agreement.Rent Payment History:Tenants have the right to request a comprehensive rent payment history, which allows them to keep track of their payments over time.

Just have a couple of questions...When getting a HML, is it possible to just make the interest payments while we complete repairs/rent out?

DSCR loans are only for rental properties, no you shouldn't commit fraud.Your $9k/mo, assuming no consumer debts, would qualify you for about a $3900/mo mortgage payment.

I don't know what your monthly payment is but if you are vacant for 3 months and your monthly expenses are $2,000, that's a $6,000 loss. 

Current rates / down payment requirements for a >4 unit building.It would appear to me that this market is more about appreciation of the asset than large cash flow.I am not looking to house hack, flip etc.

If you are using it for a down payment on a property and plan to keep the loan for a longer period of time, I think a fixed rate home equity loan or refinance would be better, as a HELOC has a variable interest rate which can hurt when it goes up. 

The second option obviously will require us to take on loans but we will have enough to cover 50% of each house as down payment.