So this premium can dramatically effect the effective interest rate you earn. 

Since the world is currently, sadly, falling apart I'm sure you've seen interest rates are dramatically lower.

Reduces your maintenance costs dramatically.

In the same Settings area mentioned above, check for things that allow you to: Turn down the brightness (you'll get a lot of boost here)Activate any "low power" or power-saving mode available (this is something found on most phones).Disable the vibrate function - if you're a busy agent and you're phone gets a lot of attention throughout the day, this will help.Thinking outside the boxManaging the settings on your smartphone to save battery life can be very effective.

From 1975 to 1985 rates rose quite dramatically from about 7% to 13% while the median home price rose from about $40k to $100k in the same time.So if rates do impact prices....why did prices go up 250% while rates doubled for a decade?

A lot of parts are very oil-driven so the "attractive" assets you see today can suffer from dramatic swings in valuation.

Since I am a new investor in that area, it helps boost my confidence as well

This is also a great way to boost your cashflow because you can charge more per night for the shorter stays.

The lender said they will approve based on worst case scenario in the event IR rise dramatically to curb the risk for the buyer later on when the rate adjusts. 

The house was newer ('87) and needed dramatic but simple repairs (100sq ft of subfloor, 1200sq ft of flooring materials, 80 linear feet of drywall, plus paint & light fixtures).