Are you cognizant of local supply/demand and buyer and seller competition?  

I would be more than happy to help review anyone’s coverage to ensure their coverage is not only correctly protecting the asset/liability needs, but the premium is also competitive across the industry.

Not just that there is too much competition.

Too many investors are looking for a market and ignoring where they may have a competitive advantage.

Instead, they base rent estimates on the current competition.

For preferred jumbo investor lending programs check in with @Joseph Chiofalo to help with baseline structuring and a Pre Approval vs PreQual which has helped several of my luxury buyers win competitive offerings.

In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.

With all that competition, do you think it is still worth trying to invest in STRs in the area? 

I suspect then that your giving a very competitive rate compared to other HML at that point ??

 the more competitive rates are  6.9% for 20% down owner occupied, 780 credit score. 7.45 and 1 point for a duplex seems pretty solid.