All of the sellers willing to finance seem to be looking for around 5 year terms with interest rates above 5%.

Then every little claim means my rate climbs again.

Just like most markets in America, STRs are returning to pre-Covid occupancy rates and most people have no experience what that looks like because they entered STR investing during and since COVID.

This is the fundamental reality of it, the differentiator, and as long as people get basic math they will choose VALUE over cheap. 

It will depend on interest rates. 

Fill up the lower marginal tax rates with Roth conversion income.

Running your numbers based off a short term rental or medium term rental rate is going to get you in trouble.

I check the SEC, FINRA, ratings websites for inside information on the principals in the company.

I would either want 25% down payment or the rate would need to be 9-12%.

Cap Rates are low in this space, but it makes sense for a lot of people who have a huge tax burden.