@Michael Snider-Held we hear stories like this all the time in the LTR market about the national companies.These companies are setup to make money, period, with little oversight from management.So, owners need to make sure they read management contracts and UNDERSTAND what is covered and not covered. 

I'm not sure where someone would get the "on average" across the nation data because, unfortunately, in the MTR space there is no data source focusing specifically on MTR, unlike AirDNA for instance.

The operator will raise the capital and then go buy numerous assets (notes).

Hey Sonia, DSCR loans for Foreign Nationals do exist.

Both of us are in the army national guard, so only about $15,000 in debt to take care of.

Banks were very conservative and nationals had not come in to the market yet..

Louis are higher than the national average, which can impact tenant quality and property values, so thorough neighborhood research is essential.

They are now reaching out to national REIAs marketing their course. 

@Jacob Sherman I’ve done this numerous times, as have other investors I know, and none of us has ever had a lender trigger the due on sale clause.

Ask about financing and see what their rates are AFTER they give you price quotes.The parking lot is currently causing significant flooding, along with numerous cracks, potholes, and tripping hazards.