Overpriced and pain to deal with, especially with a large portfolio of properties.

Lender 2 requires 6 months reserves. they want the borrower to document any large deposits and they want mortgage statements on any investment properties listed on the 1003.The point is different lenders do different things and it's important to not generalize as a broker, but interview the borrower, find their pain points and marry them with a lender that will minimize those pain points for a successful close. 

Yep it’s a pain in the butt but well worth it.

Filling vacant spaces in your communities can be a huge pain!

So state AG's are getting wise to the abuses and in PA in particular.. as I have 2 vendors in PA that I have funded for years.. who work variations of this model..

I love hearing insight from hosts who have solved this common pain point.

Being close to expiration I’m going back and forth on what to do.This tenant has just been a pain.

@Sarah R Pullen I share your pain! 

Without opening up a whole other can of worms, it's true that some sponsors charge exorbitant fees and don't bring anything close to that value to the table, but that's another discussion.None of this is to say that sponsors couldn't or shouldn't feel some pain when things go astray. 

I unfortunately feel 100% of your pain