Every bank is looking for something different and it changes over time.However, we are not in a BRRRR market anymore, you'd be sailing upwind. 

While we are reading about fun cases, there is a frequent buyer in Texas that just took a case to the SCOTUS, but they declined to hear it. 

People probably do this all the time, but skirting the law and subject to red tag if the city finds out. 

Quote from @George Red: Hey @Steve Johnson, I found your website but it does not explicitly mention HVAC and I actually was about to ask on the forum if anyone had a recommendation for a furnace repair job... not a big job, one unit in a duplex not working properly.

Not what we are looking to do and all the MLS listings just don't pan out numbers wise so far.That's awesome that you got some returns on flips and found some buy & holds recently. 

In my opinion, it has already started, we are going to see single family residential zoning going away.

We have located a good parcel of land at a fair price, only issue is it's currently zoned for residential and we are planning to develop a small, 8-unit apartment on it.

Even though no prepayment is possible, we are quoting a lot of 1, 2, or 3 year prepayments. 

However, as must as we strive for a hotel like experience we are not a hotel and we make that clear in listing and our welcome letter. 

We do some pretty conservative numbers (probably because we are new) so if the numbers work, we will pursue it.