Here’s what I recommend instead:Offer Value Beyond Price: Rather than just lowering your rates, focus on adding value to the guest experience.

@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.

I live in Asheville and am looking at STR in the Franklin area - agree with other posters that it's sort of between more desirable destinations, but also seems that the lower prices reflect that.

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.

Do it very intentionally, not just for the sake of scaling up, but to get better quality or easier to manage properties that will replace lower quality or harder properties. 

.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.

If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.  

In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.  

In a climate like this with high rates, probably better to use a Heloc so you keep the lower rate of your 1st lien.

Just the different brand name lowers the cost dramatically!