Good part of that is that the less experienced, lower quality operators will be driven out of the business, creating a more positive image for the whole industry.Just my $.02 I agree with Bruce It's going to be a rocky road for someone trying to get in right now and paying retail with Leverage.Those of us that got in many years back should be well positioned if you have a good property in a good area.

The pitch is always the same: "You need our system or you’ll never make it in this business." 

Whoever gives me the most business and has an excellent close record will first be presented with off-market opportunities. 

My business partner and I purchased a commercial office building a few years ago with creative financing.

Try talking to local banks who want to do business with you.

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

This will help attract more business to the state, keep it coming! 

Private Lender Partnership: Partner with a private lender or investor willing to take a second lien position to get you to 85-90% cash out.

Give your state's 'cure' term ("In New Jersey, a tenant has three business days to pay rent and court costs after a judgment of possession is issued to avoid eviction.

The question I'm up against is what private money is going for these days for a build with this much room for upside.