If you are able to find someone willing to lend you money long-term with a fair interest rate, that might be doable.

That took the final interest rate up a bit.  

The interest rates are crazy, and most term limits are 15 to 20 years.

So if you made $100,000 - that's $22,000 or more off the back end you will owe on taxes - depending on your tax rate.  

You have to budget another $1k a month for skip tracing in addition to their $1299 monthly fee.

What is the cap rate in your area?

If you get inquiries asking for a lower rate, that could be a signal your rate is too high.

@Wayne Lee When rates were super low 2 years ago, and prices hadn't totally spiked, many investors got lazy because almost they could buy anything on the MLS at asking price and cashflow as a rental.As prices went up, many investors started investing in STRs to get properties at asking price to cashflow.Now, many are chasing Class C properties to get them to cashflow at asking price.What consistencies do you see in all three of those scenarios?

If the fed cut rates next month it's possible some of this capital will become more active, although tough to say.

I'm an insurance broker and I agree rates in FL are insane right now.