I would sign up for BiggerPockets' STR-centered newsletter, BiggerStays, as well to stay up to date on all STR news and tips.

That is REALLY bad news because dryers generate a huge amount of humidity and those damp spaces are an invitation for mold and wood-rot problems.  

I got news for you, most people in the U.S dont have not even $50k cash let alone $300k cash liquid.......................

Most investors that have tried to purchase an investment property recently have been shocked by how high prices have remained given the higher interest rates and growing negative economic news.

Anytime the media spits out news coverage on rates, it has already been baked into the market from Wall St.

Caught the flag on the first sentence "given the loan terms verbally" - Pretty much all the "reputable" DSCR Lenders will give out a detailed term sheet / pre-approval letter / LOI (many different names but same thing) outlining terms and approvals early on in the process - the good news is that if you haven't closed yet you can still switch lenders and see if you can secure your original terms - also good news is that the appraisal, while likely ordered by the lender or broker is in your name and your property, so you can likely transfer it to the new lender

Yes, in theory those would be more expensive, but if I'm one of the first to buy and two years goes by and I need to sell, I'm now competing against brand news homes in my development.

Quote from @Marcus Morin: I hate being the bearer of bad news, but you must watch this one carefully.

I thought that these were in person until recently when I read a news article that Senate Bill 140, which passed in 2023, allows sheriffs in Louisiana to conduct foreclosure auctions online.

Fantastic news for high-income earners......if not for strings attached.