The ideal property would have a value add component (big surprise I’m sure!).

I think it would take pretty strong ecenomic shock felt globally to see it roll out otherwise.I also wouldnt be surprised if there was some relief provided in the mortgage stress rules.

Even multi family is considered commercial, with any commercial component, I’m surprised to hear that a residential lender would lend, though, again, not sure what you are referring to when you classify the loan as “residential”?

Needless to say I've been bringing myself up to speed on the new laws and surprised at how many people are breaking the law without even realizing it. 

Trust me, no one was more surprised than I was when I saw the landscaping bill.

Matt, in thousands of units and hundreds of properties I'm surprised to say I've never run into this solution. 

It can be surprising how many people simply never consider any of that, as if the government was this Well of Infinite Money, and all you need to do is recite the correct incantations to the High Priest Politicians to gain access ("Here's a check for your next campaign" sometimes works)."

Another part is building relationships with investors and lenders so when you do have a property they are not surprised!

Corey,Surprisingly, alot of my investors have literally come from the elevator pitch.

The building is older but the condition is all newer - and the appraiser was surprised - in her own words - of how nice it was on the inside compared to the exterior age.