Not surprisingly, pricing on these units has increased dramatically along with the rest of the market.

You should see dramatic results within days and they can be completely eradicated in about four weeks.

Of course, this will all depend on what the property appraises for and how much of a loan he needs and if it qualifies for DSCR.  9.75% if it was not adjustable is not awful for a DSCR loan, they are cheaper but not dramatically cheaper (probably around 8% right now).

Prices may not increase as dramatically as they have the past decade, but the demand is strong and inventory is limited which I think will keep it moving along without a drop in values.

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them to set up a "contract to hold" meeting - usually the day after the showing since qualified applicants need to be "closed" ASAP.

Use the local forums here on BP to find some RE professionals who are active in your area and you can shorten your learning curve dramatically. 

In the past nine months I’ve seen a dramatic run up is price on similar properties.

and to everyone that doesn't live here, it's not a hot market @Alvin S. explained some of the main reasons it won't be unless dramatic changes happen.

I don't think we will see dramatic sea level rises in our our lifetime and if you are a little further back/higher up you are probably fine.But 10% of Florida's population lives on elevations less than 5 feet above sea level. 490,000 people live on elevations 3 feet or less above sea level. 

https://www.dailyfreeman.com/n...I go to Woodstock every summer and stay in an STR, but I am guessing this will dramatically limit my choices from now on.