Rates are very comparable to the Non QM Mortgage market here in the US, and still in the single digits.

@Golan CorshidiWhile I've always been invested in both, I've recently seen how high yields can be better than even leveraged long term rentals:Now you can get double digit yields in the public markets and even private lending for real estate. 

Happy to help provide some perspective from the lending side.The basic process of obtaining a hard money loan will generally look something like;Preliminary application -> Preliminary underwriting (the borrower (you in this case) will often a purchase agreement and scope of work at this point) --> Appraisal --> Final underwriting --> Closing --> Servicing --> Payoff (sale or refinance)This is a somewhat simplified workflow, but hopefully it gives you some idea of the process.The first step in the process would be to speak with some hard money lenders about the deal you have in mind, and see what their preliminary applications/preliminary terms look like.To give you an idea of what interest rates might look like - think high single digits, or low double digits.

I live out in Oregon, so they sent a mobile notary, we get to a page and then there’s a note saying they need originals of our trust documents…except these are kept on file with the law firm who created the trust.Firstly, they never even asked for this before final close (they have digital copies).

Typically max 50% LTV and double digit interest rates.

I could sell you a private lender loan with a buy back clause (we would buy it back if it does not pay off) that pays double digit interest. 

@Chris Seveney We are seeing exactly the same thing with the exception of short-term bridge not making it quite to par (low 90s in low double digit coupon rates).

The digital nomad is far more familiar and comfortable with direct booking so long as it's sleek, compatible with their mobile devices and at least as easy to use as Airbnb.

The top tenant base that I see for MTRs is traveling medical professionals, digital nomads, relocating families and students / professors needing housing for a semester.

From digital nomads to traveling medical professionals to graduate students it’s important to understand the guest types you expect in each market and then determine the demand for them.