If it's an older place and you can see something going out in the near future, then save more up front. 

You don't want a fixed rate retainer because depending on the seasonality of a property, you could be under cutting yourself and then other months overcharging the client.

Then they will also be unprofitable and they will sell them, it is a vicious cycle and there’s simply too many STR‘s in the Poconos right now, the demand isn’t there and basically no one is making any profits off STR right now in the Poconos, they’re basically all losing money month over month on STREven right now in peak Summer season, most of my friends places are barely booked: they have low occupancy rates, and when they are booked, it’s only because they had to lower their prices extremely low like $100 per night.

@Chris Seveney , this is an older post but do you still have your list of good places to buy/sell notes online?

The "seasoning" thing is for home loans, this isn't a house. :)

Every day you're missing lost rent and we're moving towards the end of the rental season.

I am reaching out to seasoned investors for advice on the optimal approach in this challenging situation.Thanks in advance,Liz

There are other DSCR lenders who require 6 months seasoning / waiting period from the last transaction. 75% LTV is a better rate compared to 80% which will increase the rate and make it harder to reach a DSCR 1 ratio.

These forums are a great place to connect and meet people, whether you're just starting out or you're a seasoned investor.

I wanted to reach out to gain insights into the industry, from a seasoned professional.