Hi all, I am Jack, a super rookie investor based in the Bay area.

What was offered to me personally was a DSCR loan, since it's based on rental income of the property you're trying to get a loan on, not previous and current personal income. 

No downside to sending a letter but not worth paying an attorney here based on what you shared. 

The most observant owner/operators understood that local matters and people matter.At Auben, our core philosophy has always been based around local experts.

People that work for you as a closer usually wouldn't have their name anywhere on the contract, etc, you are just paying them based upon your commission agreement with them.  

If they do they can pull data for you and market analytics.Of course there is a lot more that goes into it once you get that data but based on your question - that is how I wouldProceed.

Based on those Sedona STR income numbers for a $800k home, either the revenue numbers are wrong- and way low, or the property is not a good one as a STR.

Both are based on investing $10k and selling to get back your $10k.

Is there a certain cost per unit I can expect to pay based on the condition of the building? 

Basing maintenance/cap ex as a percentage of rent is not smart even though many rent calculators use percentage.