It forces me to get real familiar with my business and how my properties are performing.

You will owe monthly payments until you fix the property up, rent it out, and refinance to a more traditional 30 year fixed rate product. 

Not sure about MTRs.My general conclusion was that it is tough to do business in the town if your goal is to buy property as pure rentals out the gates and no intention to occupy.

I have my businesses in Denver.

Aloha Shay, I am on Oahu, but about 10% of my business is on the Big Island.

PMs can minimize their suffering from unrealistic expectations by showing comparable properties that are on the market for rent and having a discussion with the landlord as to how their property compares and how his property can be more attractive to renters.Landlords are running a business. 

I've had lenders offer products I didn't know were out there for buying certain types of properties as well.

Possible to maybe build one similar to this with an add on for small business owners and REI's. https://docs.google.com/spreadsheets/d/1xYOKT2eNS588cj6_8jVv2vobAfAhCVUd/htmlview#gid=1221524195

Operating your rental like a business is mandatory to protect you, your ROI, and your property.Hope this helps...

Local product is cheap since no import tariff.