If you never hit the same course twice there's no way to tell if you've gotten worse/stayed the same, right?

While it’s not impossible to close in mid December and still meet all requirements of the STR loophole, it will be extremely difficult due to the nature of hitting 150 hours, having it rented for 15 days or greater and having the avg stay be no greater than 7 days and not a decimal more.

If one of those people doesn't pay or they move out, you're taking a hefty hit on your cash flow for sure. 

Here in Columbus, we're still seeing deals here that hit the 1% rule with positive cash flow and lots of potential for appreciation.

You've hit it on the head for how I do it for the most part.

We did hit $70k in year's past, just had a down year due to a crappy cleaner earlier in the year.  

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

This seemed like a good deal to me, since the seller is paying for this and it would also give me time to hopefully refinance into a good rate before hitting the 6.875% mark again.

The 2025 Philadelphia assessment hit really hard unfortunately the values that they assign him any properties are pretty accurate of what they're worth in fact, even a little bit lower sadly though, that makes your property taxes a lot higher and gives you a large jump from 2024.

What I hear from a lot of potential investors is that I just want a property that hits all the numbers I've read about in a book or heard about in a seminar.