Additional relevant provisions in the contracts:"Title Evidence and Insurance: a title insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as exceptions attached thereto ("Title Commitment") and, after Closing, an owner's policy of title insurance (see STANDARD A for terms) shall be obtained by the Buyer. 

You can use the free versions of Airdna and Data Rabbu to see how well those sources predict it could do. 

I created a spreadsheet a while back that tracks rate changes historically as well as the rate predictions for the next ~12 months.

@Jordan D'Silva very difficult to anticipate/predict changes in national and local economies, politics, etc.Detroit has been on a 10 year run, that just seems to be getting better & better overall - but, there have been multiple potholes in the journey and there will be more.

@Alex Silang No one can predict a world stopping pandemic.

The lower the cap rate, the lower the risk.This is a fundamental rule of finance regardless of what the instrument is.

Austin Business Journal and others have been predicting that the San Antonio --> Austin corridor will become the next biggest metroplex over the next decade.

STRs depend on seasonal demand and can have more frequent vacancies, while LTRs provide steady, predictable cash flow with longer leases.

Hi All, I have been researching the idea of putting together a STR portfolio and eventually raising capital once I can create a predictable system around buying and Cash flowing these assets.

Since it is conventional financing, then your friend/wholesaler may not even qualify without predictable income for 2+ years.