Fed rate has very little correlation to mortgage rates and there are many other factors more closely correlated to it.

On an 8 plex, there isn't much meat on the bones for the amount of work needed for Management, but when you factor in an additional 24 units, that starts to benefit the PM, so there is more room to negotiate.Initially, the cost of PM outweighs your returns. 

It seems there are so many factors that may sway that number (based on exact location/amenities) that it is hard to get an accurate estimate to analyze the deals. 

i think those are genuine factors. 

Have you figured out if you plan on using it and the enjoyment factor of owning STR?

- Citizens Property Insurance- American Integrity Insurance- US Coastal Property & Casualty Ins Co- Kin InsuranceDoes anyone have any thoughts on these companies?

I do agree with the sentiments from others regarding the experience factor.

There are companies that are vertically integrated that can walk you from start to finish with the investment so naturally the interests will be mutually aligned.

@Pete TarinCheckout the data on vestmap.com, it allows you to search any location and get the DISCERN factors at a glance including income, crime, schools and neighborhood indicator stores.

There are more factor to look at than the cap rate.