With that being said, the interest rate is going to be the single biggest determining factor for whether you're barely breaking even, or seeing a decent monthly cash flow.

And while yes, no one has the same pricing (combination of factors), I also continue to check on a regular basis our rankings and how we "present" on total costs per stay vs. our competitors.My gut says there is price creep and we might have a ways to go before the market really corrects.

DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show. 

So, I would only recommend doing it when there are synergies to take advantage of such as the partner having a skill like HVAC, interior design, accounting, etc. 2.

Do I get with any architects or designer on the best way of fixing up the home?

Building a solid team is another crucial factor.

If you can shorten the window on the cash out refinance to the next purchase/refinance the rate is not really a factor.

You’re absolutely right—speed is such a critical factor in securing deals, especially in a competitive market.

Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.