I don't really need to know much else about someone - if they can't pass this test, why should I believe that they will be able to run a business that will generate cash?

You have to plow and salt each storm to prepare  for the next storm .

Also, as I prepare for estimates, would be helpful to know where my in year deductions actually are.  

@Colin Ford recommend getting experience with your RI duplex before going OOS.You should DIY manage the unit next door, so you LEARN about property management, the goog, the bad and the ugly.Then you'll be so much better prepared to invest OOS!

I am tired of preparing for the worst... preparing for the worst is killing me slowly and I might not ever make it to experience the best.

I’m wanting to be prepared and educated since I’m new to this and looking for advice.

And I still finance land flippers all over the US.. so perk test and soil test we deal with every week on our funding's.

Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

Its always nice to be prepared.

Keep looking, but be prepared for higher interest rates with maybe maximum of 65% loan amounts (hopefully more though).