A delta of 40%, which to your point, seem unsustainable at best, how could rents possibly go up? 

I did lend money in Canada as a HML and that worked out.. as not only did I make my return I made a very nice delta on the exchange rate arbitrage IE when I made the loans the Loonie was quite low when I got paid off the loonie had jumped 10%.. but I am not an expert or a currency trader .. just a little one man HML er.. picking nice little loans in the Okanogan. but what I did not realize also in Canada the default process is not where as friendly as the US.. ergo being the bank in Canada you take on some risk that is not present as a US lender on US assets.

@Ross Hilesheim, I live in a small town in the Mississippi Delta, I am looking into buying a station. 

The city is home to several Fortune 500 companies, including Coca-Cola, Delta Air Lines, and UPS.

In the long run you might be better off jkust getting conventional financing if you are gonna live in it, as the interest rate delta on $60k compared to having to put a larger down payment on is probably worth it. 

So the delta is $1100/month (instead of paying $600/month to live with four roommates, he's earning $500/month to do it).In Socal, even if your property isn't cashflowing, you can still achieve the same delta in your cost-of-living savings.

I am using Delta build services inc.

On the Delta Airlines 23Q1 earnings call, its president stated their expectation for corporate demand to be at 75% of pre-pandemic levels, and on their 23Q2 call he simply said: “We're not really counting on anything more than what we see today."

So, you're trying to make money by offering a "loan" that is 2 points HIGHER interest rate than the current mortgage interest rate - so you make money on the delta of the payments and you make money on the sale?!

Take Delta, for example.