From experience, a good number of those who apply without viewing the property tend to rush the process and may try to hide disqualifying factors.I recommend sharing your screening criteria and fees with prospects before arranging a showing/applying.

I would think a lender views the STR as a higher risk simply because a long-term tenant has a defined lease in place, that is usually 6 months or more in duration.

A good range might be 7-9%.3.

I'm trying to find a good program/app to manage collecting residential rents.

Yes you can buy 2 properties as long as the combined price is the same as the net sale price of the one sold @Dave Foster is the expert and I use him for all my 1031 transaction.

Good Evening to the community.

It's also not a good idea to count tenants or income that not yet exist. 

It seems a good amount of the properties I'm seeing are being sold "as is."

Long term goal of creating passive income and building value with others whenever possible .

After long consideration, I have finally decided to purchase an investment property.