Depending on the class of STR you run (yes I argue there are classes just like LTRs) Airdna might just give you what your worst year will look like.

However it can depend on a lot of things like your deductible, your credit, coverage.   

It looks Some people depend on the Z company, but I've never had good luck with them. 

I think this is also entirely market dependent whether it makes more sense to build or buy turnkey or buy value add.

Bridge and private money, depending on strategy needed.  

As far as first term investor, it just depends on your goals. 

I think the answer to your question depends on what you need in a property.

 Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZmy mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

It all depends. 

I agree with Ken, get some costs and see if it's worth it but depending on how old the roofs are on your dwellings if you have a claim and replace the roof your rating might not really change.