A Mortgagee is allowed to talk to their Borrower and the Borrower to their Mortgagee about matters of repayment, since that is really the fundamental of their relationship.  

Its not brain surgery and all you really need to focus on are the fundamentals. 

In that comparison Austin is still affordable.As long as building permits don't keep up with demand I'll keep a close eye on new job announcements and Inventories, but until the fundamentals change I think we have a ways to run inside the quality city limits.

Most STRs are single family residences, which are valued as such and appraised as such with a typical conventional loan; they are not, fundamentally, businesses, and a buyer's lender is not going to treat them as such.  

I know there are probably some fine tune details to get it cleared but fundamentally would someone be able to use collateral for new Multi-family construction?

Vegas has some fundamental issues that make it not a market I've ever wanted to focus on, but even those aside, prices there have already skyrocketed too. 

I am after conveying fundamental principals that can help you underwrite this type of deal (and other similar types) in any market anywhere at anytime. 

James, you are right that the fundamentals in Atlanta look strong for single family homes (less so for multi family, because a lot of new supply is coming online).  

The important thing is not what you say, but knowing the fundamental skills of selling.

This is one of the fundamental problems with wholesaling and wholesalers.