The company gets a per diem for each tenant and must profit food, shelter, clothing, transportation and other essentials of life out of the stipend.

Well, a friend of mine (very wealthy) participates in funding some loans this bank makes.My current set of questions will revolve around what their lending guidelines are, what types of portfolios/properties/deals they'll lend against, if they have any bad assets/loans on their books they want to dump, and where/how a small fish like me can become a bigger part of the food chain.

Cost of goods will increase to new highs - look at gas, food, utility rates already.

Went to a drive thru, ordered food for the whole family.

I'm thinking NNN (fast food joints, banks, drug stores), self-storage, strip malls.

So last app. we said I was in property management and it went through very easly. just food for thought

Food for thought ...

Andy M, Commercial lenders do care about the income in a property, and if that's the only income you have, that can be documented consistently, they are going to be concerned that the money will go for food instead of their mortgage payment.You're also going to have trouble if you try to do this under residential guidelines, for those same reasons and more.Hard money is not an option for you because 1.

2 rooms of carpet were totally ruined and had to be replaced, there was dirt and cobwebs in all of the bedrooms, windows had been left open and rainwater allowed to come in and stain the walls, hundreds of gouges and anchors left in the walls, oven dirty, floor and wall behind stove and refrigerator had a half inch of dust, dirt and food, etc, etc, etc.So, needless to say, I've had to spend a considerable amount of time and money getting the place back into rentable condition.

He approached me in a very secretively manner, saying he didn't want to let the cat out of the bag, strike one, trust has to be there with your lender or investor.He was too excited, his new product for resturants was going to revelotionize the food industry......strike two, no one is going to change the world overnight.His marketing approach was too well based in his excitement for his product assuming too much growth too fast....strike three!