Hi all,I was wondering if anyone in NC has dealt with a tenant crypto mining at their rental property which caused significant increases in utility bills (for furnished rentals with utilities included).

But thank you for getting this together and make the acquisition, it sounds perfect and can hopefully save other from some of the same issues.

A lot of accountants now say that it is perfectly fine as long as it is documented as an arms length business like transaction.  

There is no perfect software out there.

There are several compelling reasons why this region is becoming increasingly attractive to investors and businesses alike, and if you’re considering putting down roots—or even just exploring opportunities—this might be the perfect time.Thriving Industries and Big Business InvestmentsThe economic landscape in Louisville and Southern Indiana is robust and diverse, with several industries driving significant growth.

Done" is the new "perfect!"

That being said , no first deal is perfect, and you have a lot of the pieces of the puzzle, so I'd for it if the numbers are even close!

So 30k for 900 income, perfect numbers for syndication, and built in under a week.

I just closed today, they actually weren't as familiar with it as they thought they were, so I went through my attorney's title company who handled it perfectly. 

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself.