And because they are featured on Carrot podcasts, lending them all this exposure and perceived credibility people constantly come to us accusing us of US being the ones that copied them.

By limiting your exposure to banks and credit unions, you're leaving significant amounts of money on the table, along with superior terms (IE - 30 year amortization, partial-full term IO, non-recourse structure, etc.)Below are summaries of the Freddie Mac Small Balance Loan (SBL) and Fannie Mae Small Loan multifamily loan programs.

SFR, limit your MF exposure.

It's good that it's allowing the direct booking sites to gain exposure. 

If you are already on VRBO and Airbnb, you have more than enough exposure to stay booked.

Many alternative lenders simply do not lend on mix-use real estate or require the commercial to residential exposure to be below certain thresholds.

I know some funds that are liquidating single family to bid into CRE, there's also some funds that are divesting their real estate exposure and putting it more into other cyclical things(like oil & preparing for bitcoin) these are more macro funds not REI funds. 

Certain organizations such as the AICPA and the State board that issues the CPA license mention what a CPA can / can't do to retain his / her license.Providing a comfort letter is an 'attest service'.Furthermore, CPA firms are encouraged to have insurance, which may mention that the firm can not provide comfort letters.What the mortgage company is looking to do is potentially have another person to go after if the mortgage goes south.It is not worth it to a CPA to get a few hundred dollars but potentially get a lot more in risk exposure.

Hey Ravi, I’m in Tobyhanna Township too and have exposure w/ similar septic issues for STR permitting.

Investing in multiple markets can mitigate risk and provide exposure to different economic cycles.