We're also considering the idea of doing short term during the summer season and mid term the remainder of the year.

She could have chosen a much cheaper solution, like go to a coffee shop.

You can also go straight to the source - Direct DSCR Lenders - don't necessarily need a mortgage broker to shop for you (especially if you are here and asking the right questions and clearly are sophisticated - unless you are SUper-strapped for time, you don't seem like an investor that needs to pay a broker for help - go straight to the lender)3) Last question- i'm seeing rates on DSCR loans in the 7.2% to 7.5% range, in addition to 1 to 2 points and they likely track 10 yr treasuries (4.26% as of today).

Make sure to shop around for the best rates and terms.Find the Right TenantsOnce you’ve purchased the property, screen tenants carefully to ensure you find responsible individuals who will pay rent on time and take care of the unit.

And shop around!

Comparing Amazon to Bitcoin is like comparing your local pawn shop to Walmart. 

Also, when picking a lender, make sure you pick one that is very familiar with BRRRR strategies, has access to hundreds of lenders to shop the best Hard Money and Refinance partners for you, and that can give you advise on the front end.  

You can deduct that amount from the deposit and refund the remainder.

So we shopped it out to our consistent buyers but at a strong price of $75k.

What do you drive, wear, shop at, do for free time etc etc etc??????