Adjust rates seasonally and consider offering discounts for longer stays.Guest Communication: Clear and prompt communication is key to positive reviews.

We have had some losses taken by insurers causing reinsurance contracts to be renegotiated much higher rates than previous years and the state has approved price increases on admitted markets.

You can look into DSCR financing, however there will be prepayment penalties and they generally have higher fees.

Generally if you are looking at a rate-term refinance (i.e. less than $2000 cash-out or just refinancing into a long-term lower-rate loan but same loan amount) then you should be fine - if looking to cash-out on the refi - generally will need to wait six months of seasoning however there are a few lenders that will do cash-outs at the 3 month seasoning mark

Closing costs and fees related to sale/purchase3.  

Seller reports NOI: 108,101, Gross carwash income: 149,546, Cap Rate: 11.5%.

Naturally, the lowest mortgage rate was my goal, so i started applying for mortgages. 

@Carl Rowles we screen all tenants exactly the same, but know several of our local competitors cut corners to attract more S8 applicants - waiving application fees, security deposits, etc.You can try to weed out applicants that have poor "house maintenance" skills by doing surprise zoom calls and asking them to show you their kitchen, bathroom and another room.

They have no understanding of compound interest, time value of money, return on investment, cap rate, or anything involving math of any sort10.

That property is currently rented above market rate.