So as long as someone gets realistic with the TRUE cost to  own and maintain and the numbers work it can work but I am a big proponent if your going to have these types of assets they need to be paid for to really enjoy any financial benefit.lastly I can say the same thing about new builds.. over the long haul unless there is REAL appreciation more than just 2 or 3% if you sell within say 10 years your going to be lucky to break even as your going to have to spend 20 to 30k making the houses fresh again to get top dollar a 10 year old rental is not going to bring top dollar and the value at that point will only be what an investors will pay for a given cash flow..

They know how to underwrite the property types and don't weigh the file down with a bunch of BS. 

I have dealt with this type of transaction many times.

By definition, these type of loans are not the same quality as what is traded on wall street. 

We can build spec homes for $130K (1,140 SF) it just all depends on what type of property you're looking to build. 

what type of loan you looking for?

You’re looking at medical type office usage.4.  

Investment Info:Small multi-family (2-4 units) buy & hold investment. 3 unit apartment complex What made you interested in investing in this type of deal?

That depends on what type of landlord you want to be.Furnished rentals will most often attract shorter term stays via AirBNB/VRBO/etc. weekend stays or midterm stays via insurance claimants, business travelers, etc.

There’s a lot different tenant types and I’ve spent a lot of time figuring things out.