Are Loan rates so bad that a first time STR buyer really should steer clear?

[Chris Allen]

I put Branson because that is what I am near, but I am interested in lots of areas, mainly Florida.

Are rates really so bad right now that a first time STR buyer with 20% Down should not even try? Based off the numbers from AirDNA and others, when I plug them into a calculator, it looks like I am out of pocket whether paying for management or not. Is that what everyone is seeing or am I missing something. I am figuring on a 360 month loan at 7.5%.