STRs are saturated here and failed STRs are starting to saturate the MTR space. 

That is usually confirmation from your banker, your bank account with the account number redacted or a letter from your lender. 

If you want to point the finger, we can blame the Fed for holding rates low for so long, and the govt for printing 5 T, making money real cheap and allowing these NY investors to over pay on the real estate.I guess you have to wait until the banks take these assets back.

People laughed at you if you mentioned creative financing during the run up, but now, we are seeing more master lease and seller carry backs.We've been using community banks, stabilizing then refinancing to agency.

We were able to keep it off our DTI after 12 months by having the mortgage come out of our partners bank account.

I also think it's dangerous to bank on appreciation, but in the valley most neighborhoods are appreciating at rates better than 10% annual. 

Didn't they already fail the criminal background check just by being an illegal immigrant?

Banks won’t finance it for Buyers, so seller is accepting cash-offers only.

Banks and credit unions are having to offer very high cd's etc. to get deposits in the banks.

She had a horse boarding/training business that apparently failed.