I'll check it out! 

The custodian will check on the property/tenant every week to make sure everything is taken care of.

If you're interested in a WAYYYYY more STR-friendly market, you should check out the Emerald Coast. 

They do conduct a background check, credit check, will check cash reserves, and will make sure the borrower is using their funds for business purpose only, but there is less emphasis on the borrower and more on the deal itself. 

He knows EVERYONE:)quick check they are NMLS licensed and state licensed so good on that end.. when they come to Oregon they will need to get state licensed here.. and in WA no license required.. you see a lot of lenders say they loan in NV but many are not licensed there..

With Servicing, it’s been a little more of my time in getting contributions in, checking on monthly distributions (which are not there) ..

Third, check your state's civil laws to determine if maintenance costs can be assigned to the debtor by the lien holder. 

Check out the BP's Real Estate Events & Happenings area as there's an event this week which will be covering the topic in Tampa, for Tampa region.

I did a survey last year and spoke to 8-10 lenders and they all said they wouldn't add extra value to the property based on it being a working STR.You need to check comps of other mobiles in the area of similar quality and price it accordingly.

Listing photos were terrible, tenant vetting was lackadaisical, checks were sent to wrong addresses, tennants weren't properly vetted, charges for "mulch" and landscaping were charged but never physically carried out.