There's no guarantee of anything in the STR investing world, and I do think cities are legally allowed to switch their laws, so as soon as I say it's super unlikely to happen, that thing will then happen.But again, not even the most liberal, affordable-housing-starved, anti-STR city in Colorado has changed their laws and not allowed those who were operating under a legal short-term rental license to continue.Your point is well taken though.

That severely limited the number of lenders I could go to, so I ended up finding a loan product (that costs a premium, albeit) thru Velocity Capital Mortgage that allows fully-amortizing or IO payments (for first 10 years) which will help me build cash flow and accrue title seasoning while I find the right time to pull the trigger on a fully-amortizing DSCR product Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The most major factor in most markets is affordability.

The Midwest for example offers a great opportunity for investors due to its affordable housing market and strong rental demand.

Rates have improved for these loan products as well.

Buy the best quality you can afford (you will regret buying in a rough area).

If you are using a purely investment driven DSCR product you shouldnt need transcripts at all, ever.

I’ve used it for projects and think it’s great for high ticket sales coaching and information based products. 

Also, focus on markets with strong job growth, affordability and economic development.

If you can afford to ride it out, it’s always worth it.