Plus, they would only lend up to a certain percentage of your purchase price, not ARV.My point is, when dealing with short term lending, interest rates may not be the most important determining factor.

For example, if you have a high percentage of cash buyers, list to close will appear artificially short.

Many will let you refi sooner, but you will be limited to a percentage (typically 75-80%) of cost versus value. 

LLC financing will be at least a percentage point higher on the rate, and insurance will be a commercial policy, I.e. expensive.

He said that there has to be some percentage according to IRS tax law?  

I calculate the wattage used from each meter and use that as a percentage of the electric bill.  

Before it listed out almost every expense category and you could calculate them by a percentage.

Being in the oil business i understand the ins and outs of what an investor likes to see (returns and the awesome tax benefits with oil wells) plus i also understand how i can benefit from having the investor in the oil business with making money off the deal plus a percentage and monthly fees for operating expenses.

A good percentage of my clients are 1031 exchanging their short term rental dollars out of various urban markets and into vacation rental markets because they are being regulated out.Even the teeny tiny town that I’m from in Mississippi is working to regulate STR’s out. 

I've never spent a percentage in my life, so why would I use it to tell me if a deal is good or not?