It's been great, we've hit over 4M in soft commits through 2 months, but we've only deployed about 500K.

Happy HolidaysJarrod  Hit $160 right after I posted this. :) 

pretty warm right now, biggest problem is most of our inventory has been bought so we are waiting on more multifamilies to hit the market.

Anything the size of a plastic wall anchor or smaller, you should be hitting it with lightweight spackle and use a damp sponge, not a sanding sponge, to take off the excess.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

It doesn't happen much and probably won't be a process lenders go through in a systemic search until we hit closer to double digit rates on those 2 and 3% loans. 

I don't know the %, but I would still guess 90% washout or never hit their goals, but I do see some "graduate" and seem to do well long term. 

Are you accounting for everything—taxes, property management, maintenance, insurance, reserves—and still hitting your target returns?

If you do budget that much, the you will easily hit your profit target.There are currently no restrictions in Lewis county and STRs work there, but there is always discussion on them by the city.

Then reality hits and you find yourself in over your head.