For example, if the guy with the CRM company is asking the CRM questions because he actually is seeking the info from the public, what they like, hate, need, want, so he can go back and use that info to better what he's doing, hey high-5.Unfortunately, that's maybe what, 1:1,000.... 

Failures: Had a house that burned down this month that wasn’t insured as high as I should have.

You may need to resubmit things several times, have a hard time getting ahold of them, and there is a very high chance they blow your deal up last minute, but at least you have the opportunity to get the best rate! 

Which is why I pay more, for less cash flow in highly desirable areas.In high income areas, rent is a lower proportion of income so therefore your tenants have a higher capacity for paying higher rent because rent is less than 20% or even 10% of their income.

We can't find the next opportunity, have little economy of scale, so I'm forced to keep our reserves high.

At the numbers you are talking about and where the market is heading you could pick up some very high quality NNN national credit tenant properties as commercial continues to recover. 

Rates are high.

Any advice would be highly appreciated.Thanks

It's in a rural town so I'm also worried that demand might not be as high as in more densely populated areas.I'm planning to call local banks this week to understand financing options and contact some contractors who might be interested in building additional units. 

People focus on the rates because they are a singular number and easy to understand but you can lose money on a rental at a low interest rate and get rich paying a high interest rate.