Its a safe bet that you can make more than 3.75% on your money somewhere else with little to no risk. 

Investing based off climate is absolutely necessary, call me a woke butterfly I don't care-- as someone whose made the biggest bets off weather plays I am willing to continue to try this.

.- Peace of Mind: Knowing that your property is occupied by trustworthy tenants who have undergone rigorous screening provides peace of mind.

Your best bet is probably going to be working with a hard money lender.

Hi Beth, Your best bet is finding a DSCR based lender that has looser guidelines on STRs.

I'm willing to bet if rates went down significantly than getting this property under contract would have had even more competition.

This is a high risk investment for anyone to consider and your best bet is to find a long-term job and qualify on your own.1) Two people applying for a mortgage will go against both applicant's DTI in full.2) What if there is no cash-flow and no equity/ appreciation.What can force you to sell the property keeping her in a bad investment3) What is the market turns and you are not able to refinance the property?

Over time, a good bet would be to save up enough to find a two-family to house hack with lower money down and move there and rent out this one you own outright which would cash flow nicely. 2-1 single-families can be great for mid-term rentals as well which can 1.4-2.5 your cash flow.

And lastly College towns are an easy bet since there are three large colleges in the Three biggest cites in CO!

When buying your first rental property, or any, you probably should not bet on rents going up 4% per year.