I know of a lender around 7.3%, but curious what everyone else is seeing.Keep in mind, we're talking DSCR, not conventional.Local commercial banks are usually most competitive for this space.

Cheaper usually means1.

People don't read STR descriptions you see this alot with international properties where people expect US standards.

My initial reaction was "hell no".Algorithms are usually poor estimators of actual value.  

Unfortunately cap ex usually catches up to them and the appraised value rarely translates to a similar sale experience and all along the property has merely been a highly levered property.

I usually start by analyzing data like population growth, job opportunities, and rental demand.

When an investor starts out, they are so focused on that first (couple of) deal(s) and are usually either not seeing (lack of experience) or not wanting to see (emotion) any problems in the deal. 

You usually cant go wrong with modern / contemporary.

I am making completely passive cash, while also seeing the value of my portfolio increase with no headaches or management responsibilities that usually come from SFR ownership.

Usually you can find this online.#3 Chances are you will never buy a $500,000 property for $30,000.