Citizens Bank offers a competitor rate - Also a bank with an existing relation ship will offer you good terms.

With what we have, we could pay cash for those properties, so that we can avoid the high interest rate nowadays.

I have been reading Long Distance Real Estate Investing - David Greene, and came across an interesting tidbit of information: Your first 10 (1-4, 5-10) property loans are Fanny Mae insured, after which your loan criteria become more unfavorable (variable rates, stricter credit score requirements etc.).

What kind of nightly rates, occupancy and amenities you can expect.

The “hype” hasn't even started yet (Kobeissi).Today’s Interest Rate: 7.16%(☝️ .02% from this time last week, 30-yr mortgage)Mortgage Rate UpdateMortgage rates are slightly higher again this week, to 7.16%.

Despite the possibility of higher interest rates, they can have more accommodating qualifying requirements.If you currently own homes with a sizable amount of equity, you may be able to get funds for your down payment through a cash-out refinancing or a home equity line of credit (HELOC).

Short term capital gains is your ordinary income tax rate and long-term capital gains where you hold the property a year or longer is considered long-term capital gains is in as taxed a lower rate.  

Certainly not at affordable rates. 

@Jonathan Tavarez may I ask which property management company you use and what your experience and rate are with them?

Just joined this forum last week and finding it super insightful.My offer on a home just got accepted last night and was looking for any advice from seasoned investors - I have 10 days from now to do an inspection and finalize everything so I wanted to ask if there were any red flags before I go all in.The home is 190k, 7.5% interest rate, 30 year mortage.