Changing the current layout from a 3/2.5 to a 4/2.5 while enhancing the master bedroom into a master suite with huge walk-in closet and bathroom.

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. 

Additionally, Memphis' pro-business environment, steady population growth, and ongoing revitalization projects enhance long-term investment prospects.

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.

To the extent you borrow money to invest it has some influence… but not on the products you invest in, but rather your ability to borrow to invest in those products.  

Diverse Amenities and Lifestyle: Katy, Texas offers a wide range of amenities, including shopping centers, restaurants, and recreational facilities, enhancing the quality of life for residents and making rental properties more attractive.

I am not a burn-the-boats type of person, and I am more productive with a backup plan.

Vigilance is key to protecting your financial well-being.In conclusion, while fintech innovations can enhance our banking experiences, it's crucial to remain vigilant and discerning.