Best money you'll spend, high ROI - no doubt about it!!

It's a little tough when you only have 1 property (because sometimes the entry-level fee charged seems high compared against 1 property.)  

The shorter the prepayment term has an impact on increasing the rate.4.

High search volumes for terms like "luxury apartments Syracuse NY" and "new apartments Syracuse NY" mirror the interest in upscale living spaces, particularly evident in this zip code.

: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.

(Not actively purchasing as my money is tied up in the market right now)...so with the 2 lenders i've gotten here:STR DSCR Rural (not a log cabin or other non-conforming structure) just remote sfrHybrid loan 15% down, interest only investment loan with seller paid points to get to ~8% and reduce closing costs DSCR would use long term rental rates to establish monthly DSCR and then offset monthly with average DTI and 800+ credit and high cash reserves as long as DSCR is .75+additional appraisal to establish STR rate estimates to be used alongside the standard long term rental rates5 year prepayment penalty with reasonable terms

I had friends some years ago that in a condo put in high end appliances, it was a chef and his wife, so think $20,000 stove, sub zero refrigerator and top end dish washer.

The shorter the prepayment term has an impact on increasing the rate.4.

Keep in mind that some of these obnoxious transfer taxes are not considered state or local taxes for tax deductions but rather increase the basis of the property as part of acquisition costs.

As we can all see, STR are making an impact.