Some need rent ratio of .9% and others up to 1.2% Interest rates fluctuate quite a bit.

These risks include, but are not limited to, lack of liquidity, limited transferability, conflicts of interest and real estate fluctuations based upon a number of factors, which may include changes in interest rates, laws, operating expenses, insurance costs and tenant turnover.Investors should also understand all fees associated with a particular investment and how those fees could affect the overall performance of the investment.

I’ve worked with investors in similar markets (Providence and neighboring areas) and have seen first-hand how house hacking can be a game-changer.. even in today’s fluctuating market.A friend of mine recently purchased a three-unit property in New Bedford, MA, just a stone’s throw from where you’re looking.

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

Luckily I am in a prime location and have a unique house.I am still optimizing my airbnb, I need more professional pictures, I need to get Superhost/Primier host status, I need to find a way to atleast be in the first 3 pages in the Airbnb search consistently (which I am currently but it fluctuates), and so on.

Even then, we've been blessed to buy at such a good cost to value ratio, our leverage is strong and our positions in each property is comfortable against potential market fluctuations, so I just plod merrily along scooping up a deal here and there when it presents itself. 

Jersey City tends to fluctuate with rent control laws, right now they are more favorable for landlords then they have been in the past.   

While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

I realize that these numbers change depending on size of the property, position type etc. as well as every market is different and fluctuates. just trying to get some general advice on this.

@Ash Gowda - typically a 1.3-1.35 dscr.  5/7/10 (all dependent upon the lease term and re-ups); Rates fluctuate but for now from low to high 6's fixed.