@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

When we tell them our opening bid is $1.5M they try and negotiate off the $500k because that was the original loan balance but due to other circumstances like modifications etc. the loan balance has increased significantly. 

This being said, that would justify only a reasonable price increase caused by the cost of materials.

It is an opportunity to increase ownership of great companies with great management at good prices."

First impressions matter and presenting a property in its best light can attract potential buyers and increase its market value.

Managed a substantial rent increase with two newly qualified tenants.

They got caught short with the recent rate increases.  

ie just increase rent?

If they do it increases your odds of getting approved.

Low down payment with potential for huge rent increase year over year making house hacking very advantageous in New Jersey.