My parents offered let me have a room at their house to keep my things and to stay at when I'm in town for free.

You're truly better leveraging $300k at 7% and keeping your $300k invested elsewhere aside. 

Careful in IB.....I used to have a business there and learned about good ole IB. it keeps creeping up the social ladder, but IB will always be IB. 

I'll keep you in mind if I find anything else in your neck of the woods!

The town keeps growing but new-build is slow.

You have experience with good performance results (I am assuming) so that could help drive approval on a DSCR loan.Also, you could just keep saving and waiting for the interest rates to head back down.

One thing I'd keep in mind with mid-term rentals is I expect the mid-term rental market to get highly saturated at some point just like the STR market has.

Otherwise, you can take on a bit higher risk and acquire an off-market opportunity yourself, but you will not have the guard-rails of a Realtor and Lender to keep you away from expert-eye (or obvious) pitfalls.2) Tools and Analyzing Deals:What Tools - The analysis can be done via the BP Calculator (lucky for you, you're a PRO and have included access).

I've done the math and if I go into a property with a 4% cap keeping the same equity/debt ratio, I think I can cashflow pretty well.My question is:  is this advisable? 

If it was sent to the wrong person, then that person lost their rights without the opportunity to argue.Yes, you would think it is the county's responsibility to keep up with stuff, but it is not practical.