It's important to know what market rents are for what you are analyzing, many properties are super under rented and you have to get them to market rates. 

I'm curious what lender would take something that can have swings of 50% on a weekly rate as collateral?

You also implied that we don't specifically price deals for our clients and the client's "rates and fees will be much higher".

Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!

I am unsure how to accurately predict rates and occupancy.

Thought about refinancing at the time, but didn't do it before rates exploded.

A line of credit is adjustable rate with interest only payments that will have a "draw" period usually of 3-5 years for investment properties (usually 10 years for primary home) then will amortize over the remaining term after the draw period.

Check their occupancy, nightly rate and amenities.

We've been able to rent properties pretty quickly, just as long as the rental rate is appropriate!

If they want to stay, they will sign a new one-year lease with a monthly rate of [$XXXX].