For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

Heavily consider investing with GP's that tend to like the money but do not NEED the money to survive or keep some business model alive.Some of my friends did massive exits with multifamily and sitting on tens of millions or more in cash with pencils down on that asset class unless they can buy quality at say 6 cap and assume a loan with 5 to 7 years remaining in the 3's fixed with 25 to 30 year amortization schedule.

The areas I named are sustainable areas of great interest because of convenience and quality. 

If you are patient, there are some high quality companies both in Memphis and other cities, and this company you're talking to may be one of them, that have reputations for being spot on with their data and operations.

Consider a live in flip, we used to use terms like sweat equity to describe this tactic.Couple of lender ideas Get a co-signerTalk to local or regional banks, you will need "portfolio" lender.Get a bridge loan from hard money or private money until you quality for conventional financing.Financing will be tough. 

Also if you sell make sure a quality agent is representing you. 

But if you're in need of a quality MTR manager, I can tap into my network and find you someone.

Though I won't turn away a nice, high quality bourbon on the rocka either :)

In essence, generative AI draws inspiration from diverse data inputs—ranging from images to text or audio—to craft entirely novel outputs, offering a tantalizing glimpse into a world of endless possibilities.Reshaping the Dynamics of Real EstatePrecision in Property Valuation: Generative AI is rewriting the rulebook on property valuation by tapping into extensive datasets to swiftly and accurately predict property values.

Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.