If you have the cash and the credit and the deal scenario works (meaning the project cost is less than 75% of the ARV) then you should get 80% - 85% of the purchase, 100% rehab held in escrow, at about 2 points with like a 1500 service fee.

There might be some new construction you can get good interest rate buy downs. 

Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.

We just bake all of that into our monthly rate.

USDA loans stay in operation and are paid for by the Guaranteed fee that is associated with every loan they issue. 

The rental market is strong too, especially in Midtown and East Memphis, with low vacancy rates and a 5% rise in rental prices.

I have evaluated it to be able to cash flow as a STR with the lender special rate, even with a conservative 48% occupancy. 

definitely house hack if you can.as others have said - cash flow is tough right now with interest rates and prices high. 

Got a great price and decent rate with DSCR loan.

With following the 28/36 rule, my income allows me to either purchase a property up to 430K with no HOA fees.