Check their occupancy, nightly rate and amenities.

It is just trading one debt for another and most likely will increase pay down amount through higher interest rate and fees. 

I was not comfortable with the market and interest rate conditions, so I elected to hold off.

As Vince said it is a quick guideline and won't work in most places with current interest rates and house prices. 

I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom. 

I never got the consultation, but was politely told my portfolio is probably too small to pay their annual fees (starts at $2500 and goes up).

as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.

If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/  Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.

Im self employed, roughly make $130k gross anually, 1099 NEC , no debt at all, 740 credit score.  Want to get a loan for $250k in AZ

Quote from @Scott Mac: It might be the investing environment.Right now we have a different interest rate picture then we had a few years ago.