Looking for some opinions please..I am on track to close on my second investment property (3/2)  in a few weeks or so with flexible plans for the Seller to rent it back at a discount for a couple months. 

If you ever reconsider FL, namely Tampa Bay area I would be happy to share my weekly email list with you that I compile showing the best STR properties in the Tampa Bay area

After 2 weeks on market price was dropped to $400,000 which showed me they were eager to sell.

No actually I will be in cleveland rest of the week..  

If you're getting back into the lending game for long-term hold investors, a realistic “ideal” loan might look like this:Rates: Somewhere around 6-8% interest, depending on the risk profile of the borrower and the property.LTV: 70-80% LTV is solid, especially if you're aiming for lower risk.Term: 5-10 years works for LTR investors who want stability.Fees: Reasonable origination fee (1-2%) is expected, but avoid nickel-and-diming borrowers with hidden fees.Prepayment: A soft prepayment penalty could be fair if paid off in the first couple of years, but after that, no penalties.Speed: Being able to close quickly (within a couple of weeks) would be a huge plus.In short, give investors a competitive rate, decent terms, and flexibility on prepayment, and you’re golden.

Did you know that each week, several thousand people sign up for BiggerPockets, but nearly 10,000 RETURN to BiggerPockets after being away for more than 90 days (often for years). 

@Jay HurstSo then is the next talked about rate cuts that could happen in Nov,Dec getting priced in now or in the next few weeks?

Renovation is 46k and is being done now and roughly 4 weeks from being done.

I’m eager to invest opportunistically into real estate and so I’ve been immersing myself in real estate knowledge through books, podcasts and videos, which led me to the BP community of supporters.

I'll be in town next week and looking for any neetups.Thanks :)