This is hugely problematic for the “speed” aspect of BRRRR investing—drastically slowing down the returns and velocity of capital for BRRRR investors using conventional loans.Portfolio lenders are another option, and they typically offer competitive rates and fees as well.

Do a deep dive in there to look for high net worth individualsGood LuckGino

Use caution and build a solid team before getting too deep into a rehab is my best advice.

Real estate investors are attracted to medium-term rentals to gain the benefits of extra cash flow versus long-term rentals while avoiding regulatory risks, high turnover, and intensive management of short-term rentals.While many investors are now turning to medium-term rentals to build their portfolios, the lending world has unfortunately been a little slow to keep up.

Your buddy hired a pretender, so they got a bad quote.A quality PM has a deep bench of honest, proven contractors.

Do that in your post and ask what are you missing before deep diving and looking for numbers or marketing analysis.  

The issue today is buying at a deep enough discount to be able to hit that refi hurdle. 

@Mayur Dewaikar I don't have any good data on rental inventory but it's always slow in the winter.

I tend to take my property off market "hold" during slow times for some painting, other small updates and would never consider it as occupied.  

My realtor friends say that our market in town always slows down the 3-6 months before a Presidential election before roaring back in November.