This long-term play has less risk for someone just starting out.

I can justify any price (and some high fee syndicators are still doing so), if I just play with assumptions, prepay and buy down my interest rate, and hope that sub-5% cap rates will be returning in the next few years.But if you know your market and market cycle, have an idea where interest rates may be going (this is an educated guess for all of us), and then have your assumptions, you can certainly have the conversations you reference with brokers and see what their take is on pricing and if it is worth writing.Finally, I have said this before and will continue to say it, whether we are talking single family homes or 400 unit apartment complexes, off-market purchases do not make something a deal.  

Deposit AmountThose are the 4 items you have to play with that do the negotiating. 

Nothing wrong with that - it kinda “plays it safe”.  

Well my guy that I helped found it on Facebook marketplace the guy was only asking $9,000 and I basically told him I liked it I wanted it and the seller tried to play the smooth saying I've got a bunch of buyers and the price went up and I basically told him to take it or leave it and I bought it for 10,000 bucksHow did you finance this deal?

Air Conditioning, if an city is hit or miss with A/C units does this play a large factor on rent and/or property values?

I'll be interested in how they make the Experience "exclusive" to Airbnb as that seems like a terrible business model for the people hosting the Experience unless ABB cuts a check for them.IMO it is also a branding play to differentiate from VRBO, Booking, hotels etc.

It is important to keep in mind that DSCR is just one factor that lenders consider when evaluating a loan application, and other factors such as property condition, location, and market conditions also play a role.It is also a good idea to consult with a financial advisor or loan officer to get a better understanding of the loan requirements and to get an idea of how your investment property will be evaluated by lenders.Feel free to reach out if you need more feedback, happy to help.

But that only comes into play if you sell the property later and don't 1031...so if that isn't the plan then I wouldn't worry about it now.At the end of the day you never pay more in taxes than you make in income.

You do have to play the markets in terms of States/Neighborhoods.