We've been able to rent properties pretty quickly, just as long as the rental rate is appropriate!

The price points do make it hard to cash flow even with the lower interest rate subject tos. 

Grandpa and Grandma take five acres on the back forty and punch in a well and sewer (when it was cheap to do so), run some water and sewer lines with the old backhoe. 

My neighbor has listed his but also has had occupancy issues as an STR and said that most people looking for either rooms or cheap stays but I can't comment on that as I have no experience listing as an MTR.

You are likely overpaying by $5,000.Broker fee of $3,000 and Processing Fees of $2,000 seem out of place...but then again, i never used a broker to get a loan so I am not sure about that.If the broker was able to get you an interest rate or loan product that you wouldn't be able to find on the open market...its high, but likely fair.if you are getting a loan product that you could have gotten by going to a normal bank...seems high and unnecessary. 

If it's cheap, high crime area, proceed with caution. 

Can someone please suggest a cheap skiptracing software?

Jon, I have done this and honestly their nightly rates in most cases are within $20 per night of my place which doesnt have a pool.

Those properties are cheap for a reason. 

They have had 100% occupancy at market rates and currently bring in around $2,000 per month in cash flow.