They are much more reasonable and are more intertwined in a community than some lender states away.

Hello BP community,I am an out-of-state landlord with a rental property in Bluffton SC.

@Tayvion Payton to get a better understanding of the loan products, it's best to have a conversation with a commercial loan officer at a local community bank or credit union.On commercial, the number one rule is a deal meeting their DSCR loan covenant, which is typically 1.2 to 1.25. 

My clients who invest in Section 8 housing do so in 'not quite' transitioned communities but that have low crime rates.

Hello, Bigger Pockets community!

Does anybody have any recommendations on small/community banks that they like to work with?  

Another work around that isn’t discussed much is working on a strategy with your insurance company to protect your other assets in the event of a claim.But also, it wouldn’t be a bad idea to consider getting the financing into your LLc name with a community bank and pulling cash out if you have substantial equity.Right now, since the loan is in your name, it shows up on your personal credit report.  

Welcome to the Bigger Pockets community @Ashley Snider! 

I’m particularly interested in collaborating with like-minded investors and exploring partnerships for larger acquisitions.Looking forward to learning from this community and connecting with others passionate about multifamily investing.Excited to learn and connect with you all!

It's a little remote, however, the community seems to be new and growing and there are other houses and developments going up near by.