At that point the listing is dried up and the seller may be a bit more motivated.

There's a very good chance they'll milk the property for all its worth, then disappear when the money dries up or they encounter hardship in their personal life. 

I’ve heard some mention that 30 yr DSCR financing for STRs could dry up as credit markets tighten/ recession impacts revenues … David G has mentioned on the podcast that these products “might not be around forever”…  anyone have any thoughts on that? 

Its not as quick and dry as I just explained above, as FHA loans come with certain requirements you have to meet.   

I've sunk $15K into the property since purchasing earlier this year (roof, siding, dry rot, electrical, water heater, you name it).

Well that's a conversation he should be having with his private money guy but I'm willing to bet the private money guy won't leave him high and dry. 

Otherwise I think not blowing out credit line is wise. 2.

This type of question blows my mind.

But it’s starting to dry up a bit...Sounds like contracts aren’t being renewed and the funding for their contracts isn’t nearly as good as it was during the height of covid (makes sense) but now I think I need to get more guests from other sites or career fields.

We're both fresh out of school so funds are pretty dry at the moment, but we both do have jobs so that's not much of an issue at the moment!