Then, you can adjust during your due diligence period.

@Mark Vivanco The rates are adjusted annually and must be filed with the FL Office of Insurance Regulation so no, they don't adjust rates seasonally.

I dont see them adjusting the net worth for inflation.

.$216k, 3.1%, $1200/mo (Conventional Loan [refinanced from VA], no money down, 30 year Fixed Rate)BRAND NEW Roof ($19.5k insurance claim, cost me $1k), Newly fenced in back yard, Original AC Unit (Circa 2000)STR (Rented 10 months of the year while I was deployed)$27.5k Gross (~80% occupancy rates)$20.5k Net (Estimated, I don't have my tax returns handy)Monthly CAPEX (including supplies): ~$500/moSpeculative Potential: $32.5k Gross Annually (~$24.5k net)Based on the performance of my other STR, I could net an extra $4k on this home if I marketed better and adjusted my prices.

If you have other amenities, then you need to adjust the rent accordingly. 

Though a high percentage of such suites are likely illegal from a technical perspective, that is not balancing out the risk in his eyes.Impossible to answer particular with Covid delays, but does anyone have experience obtaining an adjustment in Hamilton from SF to legal 2nd suite or any feedback?

So you may want to adjust your expectations a bit.

Your best option is to tread lightly and make big adjustments when you turnover units.

Definitely interesting trend to see how people are adjusting their investment strategy within real estate in post pandemic times.

The rates are adjustable so they can go up over time.