ORIGINALLY A BED AND BREAKFAST - WE HAVE CONVERTED IT BACK TO A HISTORIC BED AND BREAKFAST AIRBNB PROPERTY (BY THE ROOM).

It’s a single-family house in a popular historic area in SW Atlanta.  

FINANCIAL AND OPERATINGHistorical Operating Statements un-interrupted from date ownership began to Closing from Project and Association most recent 2 yearsCurrent and Historical Tax Bills (3 yrs.)Rent RollInsurance - Property, Association and Tenants.

Insurance companies set rates based on historic data.

Right around historical norms.

I will list various reasons later in the post.Value add properties historically produce the best returns and can produce infinite return if you are successfully able to extract all your investment at refinancing. 

Rental rates historically go up over time or remain flat so it may take a couple years for the rents to catch up to the higher debt costs, should they remain elevated, to entice the buyer pool currently remaining on the sidelines to jump back into the game. 

The second method is to find the bank's historical lending via reports from the FDIC.

Downside protection is huge and commercial MF has, historically, at least survived big market downturns.

Obviously I don't wanna do it too early but I also don't wanna wait too long and risk them going back up.  7.5% is still a really good historic rate.