Congratulations on passing your exam!In

Does anyone have an opinion on the best way to obtain your local market stats and trends (average: Price/sqft, sales price, rent to price etc.)?

One way, you can check the demand for "mid term rentals" is furnished finders stats page and looking for other furnished rentals on zilow/other listing sites.

So I'm assuming that if my DTI and other convention mortgage stats don't add up, they won't renew this HELOC.

I just saw a stat yesterday that it was recently named the 2nd hottest job market in the US.  

My guess is there will be dozens, hundreds, or thousands of case studies to examine a few years down the road to use 20/20 hindsight to evaluate outcomes.On your second question about extending grace vs being tough: that also depends.

Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.

Although the legislative history is different, it's helpful in this situation to examine that case law body.I believe the courts today would agree with and implement a functional equivalence test that examines state law, the operating/partnership agreement, and defacto treatment and actions of the member/partner. 

It is important to carefully examine the loan agreement, local laws, and ethical standards.

Is it gaining or losing population.Hi Michael,Thanks for your comment.I see Toledo as quite a diverse city when it comes to employment.From white collar medical to blue collar steal, glass and manufacturing.I'm sure that you can look things up online further and find out all of the stats/demographics about the employment and population, etc...In my opinion it's very easy for someone like myself to paint a pretty picture about the Toledo market and to "smudge" your eyes with booming figures.Something that I don't practice because every market has it's pro's and con's.I will say this though just like I've mentioned to many other investors over the years.Focus on finding the right people first before focusing on the stats/demographics of a particular market.When you work with experienced investors (As in you have "boots on the ground"), they are going to be the ones that will know the micro economics of specific cities or even regions.So, the broad market stats that you can find online will differ to what people on the ground know to be true.Just my 0.02 Aussie cents lolThanks again mate and I wish you much success