Then he sends me a bill for 10 hours, but I later see that he unclogged my sink in 5 minutes.

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

I was reluctant but agreed to itit's our glue that holds our leads together-- David and Susan have great support, price point is excellent- it will probably go up, training videos (if you invest time watching them) are great and ability to voice, text, campaigns, FB ad integration etc are greatno CRM is perfect-- I miss ability to upload docs to podio lead-- like a lead sheet, comps, etc but that ability is in the workswe process thousands of leads and REI Reply is our CRM of choicehope that's helpful

I also included a SWOT analysis for MTR in Las Vegas.Profitability Depends On…Mid-term rental profitability depends on four factors:Keeping the property filledThe ability to charge significantly more for furnished housingActive support of tenants, so we get good reviews.The right renovation components to keep maintenance and turn cost low.Success FactorsI believe the following are key success factors:Location - Not just near hospitals, MTRs must be in a safe and attractivelocation, with direct access to freeways, retail, and entertainment.Appearance - The property must be attractive, clean, and a good placeto live.

The suggestion is you need to have the ability to come up with that down payment to pay the seller off in an emergency OR just sell the property and pay everyone off!

To me it seems like a decent compromise in the need for housing and the ability for home owners to make decisions about the highest and best use for their own property.Currently working on being able to put an ADU on a SFH property in a Denver metro suburb and the process is sooooo cumbersome, so I am glad that hopefully others won't have to deal with that process for much longer

I never heard of them and I don't know them so nothing I say here is a direct reflection of their ability to get you to be successful.What I can say is that I understand what it takes to be successful as an investor.

We generally 100% require escrow - this seems like something that could probably be figured out - we do have the ability if needed in rare exceptions to waive insurance escrows however - usually we only do so in cases like condos or PUDs where the HOA requires insurance through them and they take care of everything.

Whether that is the ability to find needle in the haystack properties or situations, take on a serious fixer, self manage in a market that is remote and tough to self manage, or some other situation that most investors don't want to take on. 

Does 469(h)(5) specifically mention ability count spouses material participation even if filing separately - didn’t see this ….