Next year there will be regional lenders and various operators all too happy to move on things, and pressed to do so.

I'm also in the Seacoast region (NH and ME) and own some rental property nearby, so I know these markets well.

@Cameron ChambersGreetings from the vancouver / sea to sky region.

In your case looking to larger assets where you can effeciently cost segregate to gather bonus depreciation would be a smart move.Appreciation - Where in the country is the asset class you like growing or going to be growingAmortization of the loan - What sector or even region if you look locally for funding, is going to offer the most favorable lending so that less goes to interest expense and more to pay down of principle.Have fun with a spread sheet comparing these 4 returns from your investment with the type and location of assets you find attractive. 

And (B) it's a beautiful setup for big probability of snagging it post default, be it from the regional bank who financed it or whoever J.P. has entertaining liquidations when they take over asset's of the regional lender. 

To diversify, visit and analyze Texas markets, speak with local investors, evaluate other regions remotely, build a team, start small, and connect with local investors.

In Residential, just picture that in general most everyone is a vulnerable person, in eyes of law.

In my area there are a few small regional banks that have competitive DSCR products.

A lot of investors in high-cost areas look out of state or in more affordable regions with strong rental markets.

There are both national and regional foreclosure listing services that provide notice of default, notice of trustee sale, and lis pendens data on properties in the foreclosure process.