Every market will vary due to labor costs. 

If there is minor rehab (such as painting and cosmetic improvements) you can still close on a DSCR loan, however it may affect your appraised value, which could also affect your market rent if its a vacant property.

I chose to invest in 1272 Lakins Rd, Etna, due to its potential in a growing market.

@Placeholder Placeholder, I've financed quite a few STR's in the St Pete market.

Suzanne, This is impressive - love to see deals being made in my local market.

Make sure to analyze cash flow, including conservative estimates for vacancy and maintenance.Indianapolis Market: Indy has solid multifamily options in neighborhoods like Irvington, Fountain Square, and near downtown.

We focus in 12 markets in Florida a.

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

I have warned countless people that the "new", "Cheapest", and "shaking up the insurance market" carriers typically come into the market under priced, have a wave of claims, then they either jack up premiums to survive or fire their staff to keep heads above water.

I see you've had the property on the market for a while, which must be frustrating, but what will it take to put a transaction together?