@Ben Berg with renting rates, roommates or a straight rental, you always look at comps, or comparable homes.

I wouldn't want to be doing a new BTR deal right now and ReFi at a 7-8% rate, unless of course it penciled.When subbing out to other contractors, you can expect to pay 20-40% more than it would cost you to manage/do the work, so make sure you bake that into your model as well.

One challenge about short term rentals is that they are not always booked and initially getting those bookings to a minute, people were more hesitant since we didn't have the super host and premier rating.

The key is to understand the capital stack, who is in line in front of you and what are their terms.The people who are getting burned may have known there was debt in front of them, but did they know it was short term or variable - did they know all the details to make a good judgment on the investment.If a property had 20 year fixed debt at 70% would you take that over 3 year debt on a variable rate at 50%? 

Did the POA confirm the interest rate, loan amount?

To research the market, we look at other Furnished Finder listings in the area to help determine competitive rental rates.

Due to the high interest rate, it is hard to make the strategy work -- the rent to price ratio needs to be very high (1.5%) to make positive cash flow.

For real estate the will calculate what your return would be if you purchase a single-family home at market rate and hold it for ten years.

When purchasing, my goal was to cash flow a certain dollar amount based on the open market or section8 rates.

I currently have a 30-yr fixed rate mortgage on a single family home that is my primary residence.