Tenant risk is lease term remaining, sales/billings from the location, overall financial health of the tenant (i.e. solo practitioner with this one center as their sole source of income and declining billings, will not likely keep the property well maintained, and when they move out, you will have work to do), need for this use and/or competitive urgent cares in area, etc. 

They made some excuses that because production wasn't really down much and unemployment was still low that it wasn't a recession but I think that was bogus.

We're able to crank out mods regardless of weather, have all of our inspections scheduled like clockwork, and control the timing of production with the site work. 

It has been my experience, too, that smaller banks with a deposit relationship have a lot of flexibility and a variety of products on offer.

The majority of your Agents will be trash, so you'll spend more time money and effort trying to get them to become productive Agents.

My only reservation is the higher interest rates on these particular loan products vs regular residential mortgages.

Less expensive and more productive in my opinion.  

-Townhome/condominium sales continued to decline, falling 23.0 percent, with the median price up 7.1 percent to $240,990, and the average price rose 10.9 percent to $290,048.

First my products do not cost $7K.Second:You are willing to spend $300K+ on a crappy house hoping to fix it up by spending an other $200K on it hoping to make a $60K profit after 6 months to a year,  But the thought of spending $7K to make continuous $100K+ profits with far lower risk, with all the proof shown, evergreen forever getting you these deals for free makes you cower in fear.Silly don't you think?

Activity will always be great when you buy right and make a great product.