For example, if you expect this property to be have a CAP rate of 10 after you repair and it comes time to sell, maybe run your numbers at 11-12 and still see if it would be worth it.

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

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

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

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. 

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.

It's not unusual to have tenants paying $800 pm what would be a $2000 plus market rate unit.TOPA in any of the jurisdictions that have it doesn't really concern me.

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.