While I don't object to spending money to do one's due diligence, I don't know if $500 is called for when you can get very high quality syndication groups/meetups/information for free.

Might be a diamond on the rough if you can fix it up and then long-term rent.

Walkable to locally owned restaurants and the street had mostly owner occupied homes that are owned by long time owners.

Maybe another one is tenants may tend to stay longer as long as they are eligible for the program.Not 100% sure, but I don't think they always pay that FMR number. 

Interest rates are going to have to come down because there's no way the federal government can afford long-term interest payments at these higher levels, and other countries are going to buy our debt even if their return sucks because there's no realistic viable alternative.

The rate and terms on the 2nd lien position if you can find one may also not make it worth the cash out.

2)  How long have you been STR investing?

Their fees and interest rates were high, but they had the least restrictive approval terms from what I gathered.

I'm a long time lurker and first time poster. 

What are you looking to achieve in the short, mid, long term?