I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

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Recent natural disasters and other factors have led to a sharp increase in insurance premiums, making it more difficult for buyers to afford homes and for sellers to attract offers.

What other factors should I pay close attention to in either the deal or when reviewing the physical property?

I would expect that a .25bps drop would do nothing, anything less than that or no drop, would actually raise rates and anything more than .25bps may drop them a bit but most of the possibilities have been factored already.Banks don't like volatility. 

Good morning!

Some key factors, or questions I often get from the investors I work with on the buy side for STRs, that you can focus on in your listing, are as follows. 

Also, what are some of the most valuable factors you look for when find the best option to hire?

Financing is always a factor, and we've had the best success lately with assuming in place loans and restructuring the terms following the turnaround of the asset.

Now I would contend you would need to drill down to zip code level for a thorough analysis.Here is an interesting scenerio I saw on my locals Facebook group this morning.