Quote from @William Coet: Hello,Trying to get a ballpark on what the current best terms and lenders are for 6 unit multi-family.Lowest origination fees, Lowest APR.Thanks If you go the Multifamily DSCR Loan route (instead of more traditional bank financing) rates probably anywhere from 8-10%, however, monthly debt service tempered by 30-year am and 10-year IO options 

Im working with the agent on this and I gave two options to propose and she came back with the option where there is no free build out phase. 

Many of the property managers talk to each other and compare notes and share marketing ideas and 'run comps' on each other.The other option would be the 'enemy method' to search for similar size home within your community and others close by with similar amenities and scour their calendars. 

-Homes that aren't falling apart/need major rehab on the property-Prices in six figures overall not seven figuresWhat 2-3 cities should I really pinpoint in terms of the Zillow map to get an idea of some great options?

If you have the 500k down then you don’t need the extra money.

Considering the option of tear down and build a new house, I was wandering if there's an average percentage difference in insuring a new home vs an older house?  

Ripping equity from people without them knowing the options is the complete opposite of that. 

Have nearly the whole team baked out, right now just looking through different financing options. 

Like most insurance companies, they will avoid paying if possible but if it does apply, then you have the extra liability coverage.

We are looking for STR options in Lakeland now and looking around that West Coast area as well.