interest rates and prices are high and people are contorting themselves into pretzels to try to buy. 

Could be a higher rate, lower leverages, higher reserves, etc... varies by lender.Cheers!

You might’ve rate-shopped a bit early, but it’s not a deal-breaker.

-Getting into a situation where you’re borrowing additional funds to close, which if it is an unsecured personal loan, will have an astronomical interest rate compared to borrowing a secured debt like a mortgage.

The occupancy and nightly rates I provided are for the entire history.

Then the sales price was so high, it would never appraise.They eventually imploded and I met someone that worked for them, who told me they had almost a 100% default rate - intentionally.Then went under because they were soliciting investors for funds and promising first lien protection - but, selling that to several investors, so the properties had multiple liens for more than they were worth. 

.- What's happening with mortgage rates and the yield curve?

If you find a couple that closely aligns with your apartments, you can adjust the rent rate accordingly.You mentioned you posted the listing online. 

Cold calling is something that has become something I enjoy.

The lender seems to be ok with that, but my insurance agent told me that the insurance will have to be changed once it's in the LLC , and it will likely change the rate.