If so, what is your rates that you’re seeing. 

What rental rate do you need to break even?  

Any idea on what interest rates would be on that? 

+1 for Florida :)I am closing deals currently for my buyers that are cashflowing and appreciating despite the rates!

I'm leaning towards traditional lending withh the new home builder because they're offering 5.5-5.99% interest rate. 

The time to do that was 08-2020 where you could brrr at low rates.

As someone who has been working with investors for quite some time now some advice I would give you is to learn the lingo & things to learn1% rule75% ARVHow to calculate ARVHow to run rental compsHere is a fantastic website I use for all of my in state and out of state investors.Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onhttps://www.areavibes.com/Here is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

Aaron,No you will not find a Bank/Lender that will go into 3rd lien position if you if did I would not want to see that rate in terms of "High".

@Jim Miller Lenders tightened requirements and limited products since rates went up.

Even with the ban on new short term rentals, long term rentals are yielding incredible cap rates.