there are deals out there, less than there used to be but always something if you are patient and ready to jump when it appears. 

You need to find an attorney to draft the condo docs, but of course you have to check zoning requirements to make sure the cpr as you envision is even possible.

I can't figure out how that is potentially going to "result in lower overall costs for investors who are purchasing properties." 

Offsetting both interests, I will lower my interest paid out since it's more than my interest coming in. till I can refinance to a matchable interest rate.Investment Property interest is a tax-deductible expense.

I am figuring out what I want to build next that will have the best equity play but still crush as a STR.

@Mike McCarthyHi, is the estoppel signed or filled out before or after acceptance of agreement of sale?

The prices are good and they usually get them shipped out quick.https://iwae.com/

Willing to help out with ground work or if you need me to cold call people or door knock.

Thanks This thread caught my eye as about 2-3 weeks ago as I had an out of state investor reach out to me asking my advice on the same situation.

Checkout the local Real Estate Club.