You may get that in the STR/MTR space.The next thing to look at is the product and the markets; and that is where the rubber meets that road on these investment returns.

I use Avalon for my own investments and there is not a better product out there in ANY market that can beat Avalon Capital!

How productive was that?

With that said, production ready tools are typically 10-20 years behind what has been demonstrated at research institutes.

Investors in your position can perform a fast rehab and in as little as 90 days refinance out of the interest only fix and flip loan and into a DSCR loan, 30 yr fixed product in the 7-8% range - cash out is available up to 75% of the appraised value at the 90 day mark.  

Like the previous monthly reports, the market typically reacts to numbers in comparison to estimates.Producer Price Index (PPI)The Producer Price Index (PPI) report is similar to CPI; however, it tracks costs (and inflation) for producers, such as product manufacturers or service suppliers.

I expect I way over estimated the number of STRs and Hotel rooms and occupancy is closer to 75% to 90% for 2024 depending on the economy, but mostly on the product/service/location being offered by each owner/property and the manager (including self) ability to actually be a manager. 

Advise that the property has never been tagged by law or code enforcement as a drug production property and that their concerns are unfounded. 

There are not many LOC products available for investment properties.

You're going to need 20% down plus closing costs for just about any loan product out there, DSCR included.