@Ricardo Fainsilber In my experience, servicers range from mediocre to terrible.

If your range is short term, perhaps your STR won't feel the impact for a while.

The goal is to buy a property that can pay for it self and still have living space I can use when visiting and to have it before the next summer Olympics in 2028. 1) what price range?

I have definitely considered renovation with a 203k and doing a BRRRR but haven’t been able to find any properties suitable for this on the MLS within my price range for a down payment.

and its floated up to upper 7s, 8 range which is consistent with what I have been seeing as well.I could see the leverage shift happen because of both the rate change and probably the active rent.

And I'm sure phone calls from investors are even worse, not to mention the phone calls from creditors, if I was them I certainly wouldn't answer the phone when it rang. 

I've been looking at comparable properties nearby and the median is in the low 2k range I'm thinking mine may go a little higher since it's a corner property with a lot of light but really looking to see if the conversion would make sense financially because I've been reading those articles about the costs being exorbitant. 

as others have mentioned, DSCR loans are a great option. 30 year fixed rates are sitting somewhere in the 7%-9% range currently. 

These can range from credits for installing energy-efficient systems to rehabilitating historic properties.

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