What are you most concerned about?

I have financed a number of STR properties and they will usually be appraised as a pure real estate as vacant value and a cash flow adjusted commercial value, sometime separated as going concern and real property.  

The best banks that I have found based on your main concerns are smaller, regional, community sized banks.

My PM is key to my success.San Diego Condo: This is your biggest concern.

Please see my earlier response to address your concerns.

The concern with places like Irvington will be once you move out and no longer owner occupy how do you raise rents legally.   

Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.  

If you don't have $3-5M of dry powder to deploy then you are going to be in for a long journey because remember, without the W2 income lenders are going to be more concerned with liquidity so some of that money has to sit on the sideline.

Yup half of these ideas are OLD NEWS  I never equate Texas and low tax's LOL also my concern with build to rent subdivisions is not the rent or the first 3 to 5 years but the exit in 7 to 10 years which is average hold time for investors.. 

PS5, TV and two gamer chairs is about the same cost or less than an arcade unit Any extra concerns or methods you take to make sure your gaming system does not get broken?