How many kids get to play minecraft or COD on a big projector screen right? 

You say the contractor is resubmitting the revisions but where is the architect and what role is he/she playing?

A second shockwave to housing cannot be supported unless we dip below 3.7% unemployment and the median income: house price gets back closer to 6.33 or sub.I think the rates actually show how it'll play out-- a near term dip, a long term buy.

DSCR doesn't require the property is rented, but with the loan amount at play that would not be an option for everyone I've heard of. 

Your success is much more influenced by how well you play in a market, how good your team is, than by picking a marginal better market.

Decide which game you want to play.

You are just making profit from the yield play.  

Furthermore, this rule may be disregarded as investors become more creative.For instance, if investors intend to buy and make a long-term hold play, betting on appreciation, they may be able to afford to pay more.

As you know there are a lot of factors that play into making each property a successful Short Term Rental.

You will need to really start playing the long game though and focus on securing assets that have good underlying fundamentals as you will need to get more creative with the financing if you want to keep moving quickly.