If you are willing to do some work, you can force appreciation, capture some equity, which boosts rent-to-value.In terms of areas to avoid, I would stay away from the East side, particularly anything along Post road between Pendleton Pike and I-74. 

Some of the best opportunities can be found in other regions, particularly in markets known for strong rental performance, stable property values, and tenant demand.

The borrower will need to be exceptionally qualified and have significant reserves (particularly for a jumbo or super jumbo loans of $1-2-5M++) Historically borrowers could qualify with 10-20% reserves of the amount financed, that could jump to 100%+ without significant state and federal intervention.

Due to a very high entry level in my home state (Long Island, New York), I have turned to look at out of state markets, particularly Augusta, Georgia. 

I am still a bit leery about Safeguard's relationship with this particular borrower and even the closing agent.

What areas do you recommend for airbnb in particular?

In particular, the ability to auto-sync and categorize bank transactions (similar to Stessa), easily track expenses against budgets, and streamline lease creation with lease templates is quite nice.

Don't be afraid to negotiate, particularly if you have a lot of rentals.4.

I’m particularly interested in collaborating with like-minded investors and exploring partnerships for larger acquisitions.Looking forward to learning from this community and connecting with others passionate about multifamily investing.Excited to learn and connect with you all!

You are absolutely correct that expense ratios can vary significantly, particularly for smaller MHP assets.