Your question is akin to : " I have a hot fudge sunday in my hand, should I set it down and go look for a banana split".

Orlando, Kissimmee, and Lakeland are hot for mid-to-long-term rentals, with Orlando's tourism and Lakeland’s logistics expansion driving demand.

I think you'll see the model continue to evolve in the future, with more "next gen" firms popping up.

If it’s at or near 70% we dig into the full cost model that accounts for financing costs (hard money and GAP), acquisition costs, holding costs and selling costs.

I can run and model numbers and am a CPA so comfortable with the finance side of things.

I think a return on invested equity analysis outlining a few scenarios with my models would answer your questions. 

It seems the company model has changed a little. 

Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.

I just used cash to build my first 3 specs no loans at all.. once done and sold then I went to lima got one loan from them.. then went to local bank ( much much cheaper) and got a 3 mil  guidance line and went on to build 30 or so in charleston.. you have to prove the model.. its not like buying a rental where lenders look strongly at your fico  fico is required but not the main consideration like and investor loan and all you need is 20% down or 30% down and a few bucks in reserve that wont fly with spec loans..

Phoenix has been a hot market for rentals recently, but consider how long-term trends, interest rates, or construction projects might impact demand.Here’s a quick story: A friend of mine bought a new-build in a suburban development a few years back.