Time to build the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

I guess we will have to make some choices. what do you think about the areas just a bit south like palm arbor or crystal beach ?

I have a very difficult tenant in another state and just consulted an attorney about a non-renewal and likely ultimate eviction.

DSCR would be the best choice for you.

From what I'm gathering on this thread, though, it seems like there wouldn't be anything to "preapprove" if the intent is to use a portfolio loan; you'd have to have a performing asset in place in order to demonstrate an ability for the investor or LLC holding the property to pay back the loan, and you'd run the risk of leaving all your capital tied up in the property if you were ultimately unable to get approved for that portfolio loan when the time came. 

You need a great mortgage broker who has these options, a big box bank lender does not have the choices to broker.Here is the HUD list for Virginia and some reasons why rejected.

Fundrise was created in 2012 and is better but still ultimately in the same boat.

This is nothing more than disgruntled investors not taking personal responsibility for their choice of investment ..

Other significant players include IHG (10.5%), G6 (4.9%), and Choice (4.8%).Total room inventory has been relatively stable, with slight fluctuations:- January 2024: 103,379 rooms- February 2024: 107,068 rooms- March 2024: 103,353 roomsEmployment trends show gradual improvement:- 2024 projected employment growth: 0.9%- 2025 projected employment growth: 0.5%While population growth is expected to remain flat, household income is forecast to grow by 4.4% in 2024 and 3.5% in 2025, potentially supporting increased travel and hotel demand.Market OutlookThe Los Angeles hospitality market is poised for continued growth and stability:1.

Ultimately it's a matter of preference and deal dependent, and inspections are not necessary if you're confident in the price you are getting