Beyond what is right and wrong, is what is most likely to occur..my forecast is based on an initial knee jerk reaction and subject to evolve..My prediction is that buyer(s) will still want (and need) to be represented, but likely at a lower average cost. 

This method involves purchasing properties that need work, rehabilitating them to add value, and then refinancing based on the improved value to fund additional investments.

You already have a knowledge base in standard rental's, why not solve multiple problems with 1 action?

Hi all, I am Jack, a super rookie investor based in the Bay area.

What was offered to me personally was a DSCR loan, since it's based on rental income of the property you're trying to get a loan on, not previous and current personal income. 

No downside to sending a letter but not worth paying an attorney here based on what you shared. 

People that work for you as a closer usually wouldn't have their name anywhere on the contract, etc, you are just paying them based upon your commission agreement with them.  

If they do they can pull data for you and market analytics.Of course there is a lot more that goes into it once you get that data but based on your question - that is how I wouldProceed.

Is there a certain cost per unit I can expect to pay based on the condition of the building? 

Based on those Sedona STR income numbers for a $800k home, either the revenue numbers are wrong- and way low, or the property is not a good one as a STR.