The larger players last I checked were between 10-12%.

You cannot bluff if the other players know you have nothing. 

75% LTV6.707%1 point origination727 creditDSCR loan, 30 yr fully amortized, 5 year step downFunded by one of the Hard Money DSCR big players

Attractiveness to Renters: Renters often prioritize convenience, and having that extra half bath can make the property more appealing, especially for families or roommates.

For example, A-class areas might become oversaturated with rentals or experience events that reclassify them as B or even C-class, while areas previously considered as C can rise to B or A status through new investments and revitalizations.Thus, the choice between prioritizing equity or cash flow isn't always clear-cut.For novice investors, I typically recommend starting with A/B areas due to their relative stability and lower risk, which makes them safer but often with less upside potential.

He is one of the bigger players in your area, 

Tenants would learn to prioritize paying rent, abiding by the lease, and taking good care of the unit. 

However, if it becomes clear that the relationship is just an one-sided with no long-term potential, I’ll just simply switch to prioritize other investors who are more ready and need my attention.

Earning Superhost status on Airbnb or Premier Host status on VRBO boosts your rental's visibility, as these platforms prioritize promoting top-rated properties in their algorithms.Equally important is understanding your ideal guest avatar.

Starting small, staying consistent, and prioritizing learning will set you up for success in the world of investing.