The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.

Plus macroeconomics here in Columbus is booming right now because of developments from Intel, Meta, Amazon, Honda, and lots of major companies building out here.

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.

DSCR loans don't require all of those things - your FICO and the income from the property are the main determining factors.

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.

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

I'm fairly new to investing and looking to wholesale at first, then develop a portfolio of rental properties in apartments, SFH or both.

To be successful in Miami, you would need to have some serious capital to compete with the groundswell of experienced investors and developers.

Have multiple exit strategies, do not be over leveraged, and make sure you are factoring market changes.

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