we purchased the home at a 3% rate and have owned it for about 2 and a half years.

I'm in the position to apply(depending on lender DTI requirement) for conventional financing through the builder at <6% interest rate in this current market.

We have a local credit union at 1% origination and 7.25% rate, plenty of good locals at a point and prime plus one, and some good local private lenders. 

How did you get approved to buy this as a single-family if you need roommates, especially with these rates?

And non-onwer occupied rates are closer to 8%.

The last time I took it, it had a pass rate of only 12%, harder than the State Bar exam.

Once you understand a little more about the legislation and laws in place the tenant laws will not be so scary.For a 10k a month cap rate you are looking at inventory that would either be a luxury single family home or a multifam that would be 4 or more units.

DSCR which has awful rates unless 25-30 down is an option.

Some will argue that prices will only go up as rates come down.  

I keep hearing this is predicted to be the most active hurricane season of all time.As if insurance rates weren't already bad enough in Florida and coastal areas.