It's competitive, but scalable.

To do a first investment as a short-term rental and win, you have to know the market, understand the HOA structure and allowability in FL, you have to know the management costs (could be 15-20%), and the science behind pricing, changeover/cleaning, and competition in the market.

Do a rental stress test on the property, figure out the maximum mortgage payment you can do, considering a more competitive rental market in the future where rents go down 30% lower as a worth case scenario.

My current interest is very competitive so I am not necessarily looking to get a new mortgage company. 

Ironically, if you can get really good at navigating/managing to the rules here it can actually be a competitive advantage. 

It was a bank REO and I was able to get the property after a competitive bidding war.

I've seen quite a few alternate lending products that are pretty competitive with MFR loan pricing even on gov backed loans.

Great company with incredibly competitive rates.  

There is some amount of competition for this deal and I'd like to put forward my best offer. 

USDA loans are a real pain in the *ss for any broker or lender.The market for MF in Austin is still very competitive.