I'm in Transcoastal, which seems to have the best interest rate locked in.

Jack MillerProbably but there is also a significant risk because these borrowers typically do not qualify for conventional financing so the default rate jumps from what is on average 3-5 % to well over 10%.Let’s say you get an extra $10 or $20k, I have seen borrowers do a lot more damage than that to a property as well.

Do not listen to someone selling you a DSCR loan at a higher rate, lots of fees, with a prepayment penalty, etc - just to title into a LLC name.  

Because just as in the case of "Cap Rate", the analysis starts out as if the property was bought for cash.]

VRBO guests have consistently higher rates of issues. 

@Mark TaleonCashflow and appreciation in this environment of high interest rates are hard to achieve at the same time.

With the higher inventory we are seeing and the rates staying where they are, I think it's a solid time for a buyer to get a deal from a seller that is struggling to get their pricepoint due to too much listing competition and high buyer skepticism. 

Because of material participation I can deduct that $350k vs other income.Using combined federal and state tax rate of 40% x $350k = $140k in immediate tax savings.

Hindsight is great, but why use a company with an F rating by the BBB? 

Now, we have the highest tax rate in the state but we don't have the best schools, amenities, or location.