The benefit of working with DSCR lenders is that those lenders generally have shorter seasoning periods to use for doing a cash out on the new appraised value- such as three or six months.

The increase in vacancies can be attributed to the addition of new properties to the market and higher than usual vacancy rates in older properties.https://www.socalrha.org/news/2024-vacancy-and-rental-rate-s...Note LL, location, and property all have an impact on actual vacancy.  

Quote from @Roberto Benoza: Season's greetings everybody!

They take your electricity bill for the year and do a straight line calculation which is almost always wrong because your electrical company charges vary by the hour, and solar production vary by the hour / season etc.

I am new to RE and would like to hear from seasoned members who have either been in this shoe or who are well versed with this situation. 

Quote from @Kevin Hilton: I am looking to acquire my 4th rental property, but I would like some advice from all of the seasoned investors in this forum. 

Most new investors do not have the stomach for rehabs or the maintenance of owning an older property.

Him being older he wants nothing to do with being a landlord.

A triplex or quadplex could provide more units for rental income, but obviously will require more financing, so having your financials and pre-approval lined up early is key.Since you’re already looking to network, attending local real estate meetups is a great idea—you can also connect with seasoned investors or agents specializing in Long Island properties who can offer advice specific to the area. 

It could be seasonality but just something to consider.If you need referrals for the STL area, let me know.Good luck!