Meaning you need to wait 12 months from date of purchase to use the newly appraised value and base off the LTV.In comparison, DSCR loans typically have shorter seasoning, often being 6, 3, some even 0 months seasoning.

With a DSCR (Debt Service Coverage Ratio) loan, you can tap into your equity and still retain the cash flow since it's based on the property's rental income rather than personal income.

i bet i know the answer but are you changing your own personal strategy based on any of this?

Based in Philadelphia, my goal is to start wholesaling properties as well as buy properties to flip and hold.

I'm only guessing but based on what some of the local project managers were saying is that a typical family of four that was paying for a three bedroom cabin decided they could get by with a one or two bedroom with a loft or a pullout sofa so the demand from the larger ones went up. 

Based on those numbers, yes CoC return is "accurate" but I wouldn't say it's "reasonable"...in fact, it seems VERY high.

Based on the numbers, if they're really good, you may not need to ask for much else.

.: Quote from @Greg Scott: Based on my experience with Hard Money Lenders, this post does not make any sense to me.Did you not file the loan documents with the county as a lien on the property?  

And therefore competition among tenants can create significant challenges, like...Businesses may struggle to establish a unique presence and loyal customer base, and a lack of profitability due to nearby competition will likely lead to higher tenant turnover.

Inflation will cause rent to go up and if your debt against the property is based on fix rate, your odds will only get better.