Quote from @Sarah Kensinger: Rob just updated everything...here is the site he tells everyone to visit for STR cost seg.STR Cost SegThanks I just got everything all back and they were having a software glitch or something but it's all handled now thank you  

He clearly knows the best course of action in this challenging market.

The refinance stage can also be a challenge since many lenders require a seasoning period, often around 6 months, before they’ll allow a refinance based on the new appraised value.

What's the best way to handle this situation? 

Would you rather spend a half an hour on a phone call, and under $200 to fix a small issue now, or the other end you people being slum lords and not handling YOUR responsibilities in owning, renting properties????

The more challenging part is learning to manage investments well, as my book makes real clear.

After contract is more challenging as your best negotiation is before contract.

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

Challenges?

IMHOThere are more international students staying, I've seen it where I work (at a university), but many of the newcomers are not students and a country our size can't handle that many people in a relatively short period of time.