I am hoping that this, combined with the expected rate cuts, will make it easier to find good LTRs next year.

Simply cutting out bigger hole in the top.

And 25% of the gain is cut as a check directly to the two of you. 

I passed because the terms just didn't cut it.

With the potential for a Fed rate cut on the horizon, it's a great time to consider refinancing or purchasing a home.

I've owned the other Indy Class C#1 for a year (RTP 0.88%) and Indy Class C#2 for 4 months (my buyer's remorse purchase, will either rent it out after repairs are done or possibly sell and cut my losses) so I haven't seen a property tax increase yet.  

Now the fed is expected to begin cutting rates and we may begin to see greater separation between bank and alt. lender rates but if the fed cuts rates slowly as predicted  there is likely still a window where alt lenders will be competitive, especially in the scenario I described. 

Traditionally, DSCR loans that allowed STR have always wanted DSCR to be calculated on long term rental rates OR 12 months of actual performance or some heavily hair cutted version of Air DNA and all of these products would price gauge on rate.

If lower rate trends continue and stay consistent, expect the news to reach sidelined buyers and an uptick in buyer activity towards the end of summer into the anticipated September rate cuts. 

If I place a super-complainer, or someone that frequently pays late, that cuts into my very thin margins and is my problem...and I don't want folks like that.