Then look at some of the competition to see what your property needs to offer in order to be competitive.

As a mortgage broker in CA, I've worked with Easy Street over the last few years and they have their certain box they are competitive in, but overall, they're okay. 

For long-term rental (LTR) investors, an ideal private loan would offer competitive interest rates, reasonable fees, and flexibility on terms such as prepayment penalties.

Quote from @Doug Stankavich Stankavich: Update from my limited experience: My brother-in-law no longer works there due to very confusing and shady communication or lack thereof. 

Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

Did you find anything suitable that is more competitively priced?

It's the best because it's confusing, which keeps Wall Street investors out, and keep our profits high with lowered competition.

Also - you probably wouldn't want to close on the property without insurance as you would also lack protection.What is the reason you can't secure insurance?

Down Payment Assistance: Proposed up to $25K in down-payment support for 1st-time homebuyersMarket implications under Harris include potential stabilization of home prices through increased housing stock, enhanced affordable housing options, reducing competition in rental markets with a greater focus on urban development and rental price controls.Savvy investors may want to focus on affordable housing opportunities and urban renewal projects under a Harris administration.Former President Trump will likely focus on deregulation and private sector growth, emphasizing market-driven solutions and reduced government intervention.

offering now 1.25M for the 1.495M listed property, with 25% down, no bridge loan, got an 8% offer. there are over 7 offers so not sure that this will be competitive but we will see.estimating around 60k total renovation as only 1 unit needs a full reno, other 2 need new kitchen cabinetry, nicer bathroom vanities and flooring. waiving inspectionHere are the updated rent forecasts, a 2bed can rent 2200/m and a 3bed around 2500/m in this area very close to Yale, 1st year negative but after that should be good CFhttps://docs.google.com/spreadsheets/d/1bLcUAKN5j8CpIKhcBKaD...