I think it is harder to raise capital for development projects than it is for SFR or MF because the risk, whether perceived or actual, is higher.

In that range, most would not have a problem, with more of a down payment they may, interest charged has a relationship to perceived risks.

Sure, in residential much more consumer protection needed where in commercial we are rightly or wrongly perceived as big boys and girls who can protect ourselves.Its great to hear your perspective on this stuff.

I have seen tenants take brand new rehabs like yours and destroy them in months and the perceived gained equity is gone from the damage.

some charities don't want to be bothered with real estate, particularly if they perceive it as white elephant. 2.

Another thing in my life where the larger it is, the better I'm perceived

The sooner you know how to add perceived value and take action, the quicker you'll make money.

Getting it in the first place may be an issue and if discovered they may cancel as a perceived liability issue.

In addition, that 4 hour away market may or may not hold the rent numbers or what you perceive as potential rent increases over time.

Then I typically get as a response, "But I figured if I contacted the bank directly, I could cut out the middle man and save us both time and money", and while on the surface that may sound good, any perceived time and money savings is all but gone when I have to spend time and money explaining to my examiners, regulatory agencies, auditors, CRA agencies, Compliance Departments and so many other entities why I sold a home through direct contact and negotiation with a buyer, instead of listing it with an agent and maintaining that "Arms Length" relationship.