What are some objections a seller might have to not reducing the price of their property? Thanks!

If the individual applied first but is asking you to lower the rent, you should deny them because you don't want to lower your rent.Some states require you to take applications in the order received.

My long time STR that was converted to MTR due to not getting an STR permit has good occupancy (90%) but the rates are terrible due to nearly 200 furnished rentals in the little community being converted to MTR at the same time (I rented NTR at lower rate than I could have gotten for an unfurnished LTR).  

It's coming b/c it is going to provide liquidity AND lower investment risk (decreasing cap rates and increasing property valuation). 

Lower risk and potentially higher reward.

The lower down payments has historically be an indicator for a greater risk of default and 10% has been that magic number of separation.

I would install a thermostat with an upper and lower range that the tenant cannot go past.

You could try to negotiate a higher rate per year after that 5 years to built into the loan incase the economy is somehow much lower then opposed to now.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Hey Francisco,Looking for experienced borrowers who have executed at least 3 transactions in the strategy they are looking to borrower with in the last 2-3 years.