Begin to network and never stop educating yourself.If you ever consider the Kansas City area, I'd be happy to discuss the current market with you.

btw, we;ve bought and sold over 1,000 properties for our own inventory and that was the only time we ever collected on a title insurance claim.David Krulac, Bigger Pockets Podcast #82

I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol).

I’ve been doing this ever since I got my license anyway so no change for me.   

But imagine you don't pay cash but rather borrow so your 5k cash/closing-down payment to buy a 100k STR, then in year 1 it rises 2k - only a paltry 2%, but you make a 40% profit as you are levered 20:1, and that beats the best year for stocks ever. 

Have they ever rented a house before?

Have you ever invested in anything like this?

If the co-signer has been difficult to work with, they probably will be if there is ever an issue where they would need to pay. 

If you want to wholesale, find the largest wholesaler in your area and work to provide them value and expect nothing in return.

Ever heard of a 1YR PPP or no PPP?