If it’s a stable population with good roads, restaurants, schools, hospitals, etc…it’s very likely there is low turnover due to high tenant retention rate.

@Cameron Martin WC rates for GC & roofing are typically 20-35% of the total payroll. 

After Powell said he will pencil in 3 rate cuts, the housing market started the craze again (Bay Area heavily tied to stock market). 

I've noticed that in Miami, gross rental yields can reach 10%, with greater legal certainty and just an 8-hour direct flight from Madrid.My plan is to enter the Miami real estate market in cash, demanding a good discount.

I think the market for small bay flex space is right around $15/SF NNN and I would want to achieve a 10% cap rate going in and an 8% cap exit.

(Granted, I realized after I created the verbal agreement on price with texts for proof and the lease that I didn't apply the discount I had advertised online.

That's about the going rate. 

Elton,When a lender is doing a loan under $100K expecg higher rates/fee's. 

Say you bought it for $200,000 and sold it for $250,000 and they put $50,000 down.Your basis is now $150,000 and the principal payments that come in from the borrower will continue to lower your basis and the interest payment is taxed at ordinary income rates.

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