I'd have my guard up (and be thinking like a lawyer, not a comforter-fluffing superhost).

I started in Detroit.. and the guy I funded had a pretty sharp contractor .. and he was also PMnow they had learned that much of the theft was being done by workers who worked on the houses during the day and came back and stole the appliances etc at night.so when you rolled up on one of their props.. there was a security guard who checked your ID wrote down your info etc.. before you were allowed on the property.. this cut down thefts a ton.Next thing is most who own in these areas ( locals who have experienced this for years.)They put nothing of value in until the day before the tenant moves in..

Wow, that caught me off guard.

That way, you are not caught off guard.

I was caught off guard because everything I have read was that a fourplex could be financed conventionally with a residential lender.

It caught us off guard.

It caught me off guard because the banker I was communicating with said we should be good to go, but I guess someone higher up made the final call to say NO after the SBA was approving us.

Nothing wrong with having a security guard that you can trust with your project.

I'm working as a security guard and am paying for past mistakes.

They just follow what the news is telling them for ( perceived reality) and the herds respond.The poor planners who react are the ones generally having the most negative impacts when things shift and catch them off guard.