Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

They have definitely become more challenging since rates have gone up.

I heard but don't know the veracity of this claim, However FLA suffers from a lot of fraudulent claims there by also causing rates to be higher.. 

Low vacancy rates, rising rents, and high tenant demand for more space/good school districts. 

Asking me for LLC docs few times over and quoting on a rate sheet that was for single family and not town house.

The mortgage is $1800/ month, but I am looking to refi and pull cash out to finish the ADU and lower my interest rate by 1-1.5 points.Lessons learned?

Fort Lauderdale has higher purchase prices and nightly rates, but Pompano has had an influx of investment and continues to improve, specifically by the beach. 

Ton's of people with golden shackles of sub 3% rates, epic net shortage, skilled labor shortage, on and on. 

For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.

You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.