Make sure they understand the investing side of the business and communicate well - communication and competence can make or break a loan.

It is often too difficult emotionally or mentally exhausting to give up their previous home.

Time is running out Wife and 3 Children LIVE in the home and want to CONTINUE to live in the home as the Children are entering or in High School(a painful time to have to move or relocate for all) - YES lots of emotions all around involved.

Plus, we have intentionally started being overly communicative with the city, and they have been surprisingly responsive.Great post and topic by the way!

The worst ones usually don't have any clear cut guidelines (a lot of the underwriters will make up their own rules if they do not like the deal), Suck at communicating (will reply days later), Push aggressive terms to get deals in and then switch them, and Not really motivated to get things done (they will adverse a loan without any hesitation). 

My theory is it's much easier, emotionally, to walk away from a rental than it is to sell your home (home owners are more likely in for the long haul).

If they inherited the home, there are likely emotional bonds they have with the property. 

I'm an equity partner on four different apartment complexes and have learned a lot from talking with and observing the lead investor (i.e. syndicator) about raising capital and investor relations by being in those deals.If you are fortunate enough to find a mentor, it would be wise to find someone with integrity, who has multiple SUCCESSFUL deals under their belt and believes in consistent and clear communication with their investors. 

@Jordan StenholmMy wife and I interviewed himhttps://juliaandgino.com/the-psychology-and-emotions-of-mone...

When you treat them as partners and maintain open communication, it ensures your projects run smoothly, even when challenges arise.