As a company we help investors with: - Sourcing properties in areas that should appreciate, have lower vacancies, and higher room rates based on our data from current properties.- Starting properties from the ground up with our expertise in what is needed for a rental to last and run smoothly, from simple furnishing to complete remodels/renovations.- Running properties as the businesses they are meant to be.

Private investor from purchase price and most of the rehab with a lending rate at 2 points about prime interest rate.

Private investor from purchase price and most of the rehab with a lending rate at 2 points about prime interest rate.

The Stessa rates are attractive enough that I would let it accumulate in their high yeild account until I invest in something.

You don't want to give any reason to shut the door on the conversation, you're goal is to elicit interest. 

Once they've proven themselves, consider gradually increasing hours, offering incentives (i.e. bonuses) then lastly, increasing the hourly rate.** These are all rough #'s.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

There is no one stop shop for all STR info.AirDNA has some advantages but can be skewed pretty far off.If you know where you want to look, just hit up AirBNB and VRBO and see what others units are bringing in, their nightly rate and occupancy.

Communicate: Depending on your options, consider having a face-to-face conversation with your tenants.

Have you dealt with a similar situation where you needed to have that difficult conversation with the mortgage company?