A really good lender/loan officer can teach you and when they have more confidence in you then you'll see these perceived restrictions lifted somewhat.

I do think we have a perceived window for housing with rates as low as they are and the economy currently having an uptick.

I would actually think that an efficient organization should be measured by economies of scale and, the larger the economy, the lower the taxes need to be in order to provide equivalent government services.None of these countries is going to provide the exact set of services to satisfy any political party in the U.S. because these governments cater to the perceived needs of their people, not Dems or Republicans.

And with heirlooms, all the sibling/family rivalries, claims of favoritism and perceived debt that go along with them.

These types of hard money lenders lend based on the profitability and perceived successfulness of the investment property being flipped.

We all know cheaper is not cheaper, the guy in the truck who at one time we have all probably tried and had some issue in their personal or professional life bleeds into their work which is a direct reflection on you and your rental property business.One over priced bill or god forbid a lawsuit for the PM company messing up and all that perceived savings is gone.I would suggest to plan to pay industry standard when you buy the investment and work that number into the acquisition price, then if you have to adjust your offer to make the numbers work do so. 

And believe me you don't have to intend to discriminate for it to be perceived and get out of hand.

In either case, if you don’t have an extensive track record your investors will perceive higher risk (rightfully so) and thus would likely expect a higher return, unless they are a good friend or relative.

If I did not live here, no I would probably not invest here ... that has nothing to do with one market being better than another in my mind but rather my belief and observation over the years that the advantages of being a skilled local investor tend to trump any perceived or actual advantages of investing remotely in some other far away market.

Of the 20% who do posses some knowledge/ experience, 80% are of highly limited levels and in that highly limited comprehension and knowledge of what is admittedly rather advanced level understanding to accurately perceive economic theory and forecasting.