Don't ask me about Dutch Brothers or Burger King or Target, as soon as that is in play, my "in general" commentary is right out the window.

Often times, I advise folks to start with HML or PML and the refi into a DSCR loan with a bank/CU when the property is stabilized.I am going to assume that a HML/PML loan would be at a higher cost/rate than a bank that would play ball, so I would prefer that if possible...

Two factors at play here.1) STRs generally appraise as residential homes, not as businesses based on multiples. 

If you play your cards right, you can have the permit submission package ready for submission the week after Closing.

Found out that everything the way it has played out and the details I have dug up on the tenant this is part of a an elaborate scam and includes a circle of people involved.

And that was my understanding (the basics, at least :-)...Given that, the scenario that Bob presented in Deal 3 above seems unlikely to play out legally...

It'll be interesting to see how this plays out.

Having good schools played huge part in the properties we purchased.  

To me, the best play out there right now is to go with the smaller cabins. 

Maybe play dumb a little "I don't know if I'm in the right place..."