The Pointe Clear Dr project underscored the importance of precise renovation planning and execution.

I had an offer written up but knew if I submitted it too soon it would look like a low-ball offer and probably not get accepted, last day I was in town the price dropped and I threw in a full offer and asked for full closing costs.

I sent a low-ball offer, and we went back forth but ended up getting 30K under asking accepted.  

I am interested in building my wealth and need a great agent with amazing resources that can help me get the ball rolling. 

Seller probably gets a ton of verbal low balls and he wants to see who is serious and who has cash.

No one has the crystal ball to know with certainty. 

There is a difference between a scam, a ripoff, playing hard ball and doing business in good faith.

So to save 1% from your 7% rate with a Conventional loan, there will be some hefty cost, and it's not worth it right now, and there's no crystal ball as to when a refi might make sense financially.However, if your current loan is FHA, FHA does allow a streamline refinance as an investment property, and the rate will be based on a primary residence rate.

Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.

This was precisely my experience.