Banks and CU have something called "High Cost" rules which means a mortgage under $75K generally is not large enough to include or finance their hard costs plus fee's.Some DSCR lenders offer a $75K minimum after down payment but rates are usually above 9.75% even with good credit and carry a 2-3 year prepayment penalty. 

I think the general consensus with todays rates and prices is that cash flow is not that amazing in any market. 

And we live in CA so our tax rates are high.

Your “overhead” costs to buy & sell the house + holding costs, interest, property taxes etc, luckily these can be pretty easily calculated, many websites like closing companies will have websites where you can fill out information about a property and it will tell you the costs to buy & sell, loan costs are easily calculable, take your purchase multiply by intrest rate divide by 12, that’s your monthly expenses multiply by the number of months you project the to complete, a good rule of thumb is even cosmetic can easily be 6 months anything more complicated can be 9-12 though all that can very greatly.3.

In my experience, the best rates and terms for home equity products are from credit unions.

Interest rates are really high compared to those of recent years.

Even at a conservative 8% cap rate the building is worth around $1.625M.

Less upfront costs and easier to manage.Most people see the nightly rates of STR and assume the net is higher, but that's not always the case.

Due to TCPA enforcement, my response rates on Launch Control and other texting platforms dropped dramatically.

Property is cash flowing and we have long term fixed rate debt.All good.