I will likely focus on adding another long-term rental using DSCR product

Test drive the tech products - part of the BP pro membership is access to our amazing tools like Market Finder, Deal Finder, Rental Calculators, etc.

How long do you wait out a market if there is a decline in rental prices before cutting your losses? 

Read a bunch of posts and take notes.Grab @Avery Carls book, Short Term Rentals, Long Term Wealth - https://store.biggerpockets.com/products/short-term-rental-l...

I would say the same for any financial product.

As a lender who specializes in financing for real estate investors, I understand the unique needs of the BRRRR strategy and can offer tailored solutions to fit your goals.Here’s how I can support you:Flexible Financing Options: Various loan products designed specifically for investors like you, allowing for quick access to funds for purchases and renovations without the stringent requirements of traditional lenders.Experience with BRRRR: Having worked with many investors using the BRRRR method, I can guide you through the financing process, ensuring you understand the best strategies for maximizing your returns.Quick Turnaround: With a streamlined application process and quick approvals, you can move fast when you find the right property.Personalized Support: I’m committed to building strong relationships with my clients.

Please don't follow their footstepsBuy in solid locations, screen tenants properly, and deliver a good product. 

Do you think this storm will cause prices to finally decline in the once red hot short-term rental market in Florida?

I'm particularly passionate about [multifamily homes]Outside of real estate, I enjoy [Family, helping others, dieting, gym, just all around being a productive member on society and my community ].Excited to learn and connect with you all!

You could buy a house with siding made of corn cobs if you'd like and they'd finance that (assuming the corn cob siding passed code).The issue is that true log cabins tend to significantly limit buyer pools because they are a bit of a niche product so lenders don't want to finance them at all due to the added risk for resale.