Suddenly they had found themselves without tenants in multiple properties because many of their tenants worked in a lot of the same industries that people got layed off in, and found themselves having to deeply discount the price of rent just to get a tenant, but in doing so, were still bleeding.  

Calculation of Gross Rental Yield, known as gross in the industry, is simply calculated by the rent and property price as shown below and is used to easily determine the profitability of a property.

I see former players from the 2000's coming back to the industry under different business names, and some of their prior work was less than stellar.

Unfortunately, safety in STR is becoming a major problem, that the hotel industry is capitalizing on.

"Commercial" could mean a lot of things: industrial, retail or office, typically.  

Despite any initial apprehensions you may have, the process is far from intimidating.As someone entrenched in the lending industry myself, it's essential to clarify that our primary goal is not property repossession.

The land is currently zoned for light industrial use and is occupied by several auto repair shops.

In fact, the rule of thumb in the industry is called the 50% Rule: that 50% of the rent will go toward non-mortgage expenses (vacancy rate, repairs, maintenance, insurance, property taxes, management, accounting, etc.).

At each property, whether a vacant lot or an industrial warehouse, he told the borrower that he should convert the property to medical offices, and that my fund would be willing to finance the conversion.  

@James Wise we will always regard you and your team as one of the leading experts in our industry!