If they are truly a local firm you'll want to vet their experience thoroughly to verify that they have the depth of experience to handle what you're anticipating.

Anticipated rental income (1800-1900).

Rather we rushed anticipating interest rates would go up soon back then. 

It is important (and a huge advantage) to be able to anticipate interstate migration patterns before they happen :-)I am just opposed to the 'sky is falling' approach....not even saying you were going there.....but lots of people do just that.Other than that, interesting topic....

They did not anticipate these being able to be utilized for STR owners.Have you utilized this strategy as an STR investor?

When rates drop I anticipate demand to increase and inventory will probably stay about the same, so prices will rise.

This leads to issues with refinancing and could leave you with less equity or higher debt than anticipated.

@Mark Ugarte what issues are you anticipating?

I ended up selling for more than I anticipated.

I would actually consider the program but a lot of the anticipated responses from BP will likely be that I should use the $8000 toward my first deal.