@Simon Obas depends on your budget and you appetite .

Suppress all the emotions!

Is there a way to suppress the "john and mary are now colleagues" type messages that I see?

Financing the option opens up a whole new  can of worms, no appetite to even print out Dodd Frank ;-) I was going to keep keep the contracts separate, a standard lease and a WB24.

I'm still going to reflect on my tone and think of ways to improve, but I think it was mainly they have zero appetite for REI companiesTo some degree, the loan officers were not just trying to tell me they did not want to lend.

@Nick Ovington Everyone has a different appetite for investing and cash flow margins.

At sub 5 percent and certainly sub 4 percent I don’t think the appetite was very big for originating notes.

Some banks or credit unions have more of an appetite for a certain type of product, say commercial properties, or owner occupied, or purchase mortgages. 

Here is an article that addresses some of the secondary market activity of the liens:Article Source Link Legacy Second Liens, Once Short of Buyers, Now Lack SellersBYBONNIE SINNOCKAUG 15, 2014 10:44am ETThere was a time years ago when second liens were the toughest legacy home loan asset to find a buyer for in the secondary market.But today, there aren't enough of these second liens being offered to match buyers' appetites — at least from the perspective of a limited group of fund managers who are looking to buy whole loan pools at a discount, said to Jonas Roth, managing director with MountainView Capital Group in Denver.One would think those holding seconds would be happy to hear this, with particular nonperforming seconds in danger of becoming uncollectible under certain state laws.But this motivation doesn't seem to be spurring enough sales to feed existing investor demand, although some deals do trade from time-to-time."

An alternative upper middle-class area would be Chandler, Gilbert, parts of Mesa and even the more distant areas of Queen Creek and Maricopa.Of course, it all depends on your appetite and budget.