No issues, 65-70% of LTV without any US credit on DSCR Programs.If he has significant down payment, pricing will be extremely competitive.

That means that a building doesn't get built and there are less rental units available, further increasing competition.

It is true that when you buy in a competitive market you won’t get to perform as much due diligence, and you will need to rely on experience, wisdom, and honed processes.

The fact that there's a ton of competition and similar products in the same location actually puts downward pressure on rates! 

Though you can probably get a good price if you want to risk it getting burned down in a riot :p This is exactly true, and the lack of media coverage is a bit surprising. 

I would say we’re more in the Olympics of investing right now where you have to have a competitive advantage and you have to be an expert in order to win.

The financing obstacles have to be priced into the pro-forma   but I generally find the pricing concessions I can achieve on these acquisitions due to lack of market interest far outweighs the financing obstacles. 

The gov signed into law some legislation that is unfortunately good for insurance companies/bad for anyone making a claim but that brought companies back in the market at the increased competition drove the rates down.

The high HOA fees plus taxes plus wear and tear and the intense Airbnb competition (tons of units) in Miami make it difficult.

The workplace can be competitive and challenging.