@Sam Booth Yes to the Oil based Kilz on the sub flooring or something similar to help kill the odor.

Several times a week I get ad based emails from Easy Street Capital thru biggerpockets emails.

Always finance long term assets with Longterm debt.2.  

However, with high confidence my old property will sell quickly in my current local market it is well worth getting into the next property quickly if the numbers make sense based off the new mortgage.

The reason is a 5 cap might have risen to a 6 cap but the debt still at 7 s underwater on spread.

If one had enough income to cover all their debt payments outside of rental income then reserves would not be as necessary as someone who relies on rental income to live on.

I have 140k gross income last year, no other debts, first time home buyer.

I.e. a bad debt assumption for year 1, separate for year 2, 3, 4, 5, etc.But to me, this is all just basics.  

@Joshua Jacobs I think you maybe referring to a DSCR or Debt Service Coverage Ratio loan if you're looking for a 30 year fixed mortgage.

I run a couple of other businesses that vary based on seasonality (Turo and RV rentals) so am familiar with the fact that pricing will change as demand changes.Are there good resources our there (or consensus from the group) as to where 2200 sq ft with a hot tub and 15 minutes from some of the best beaches in FL should price?