Depending on the article, there is between $26B and $30B under construction, and the last job fair had over 20,000 open jobs.In ConclusionWhile nothing is guaranteed, the combination of population growth and limited land for expansion virtually assures that prices and rents will continue to increase.Thanks for reading my post.

There are many Business Loan Applications, which are virtually identical and carefully worded, that you can find online.Hopefully, your lawyer includes a Certificate of Non-Owner Occupancy in your loan package, and language to that effect is liberally mentioned in your note and mortgage/deed of trust.Consider obtaining a script offered now by some lending attorneys that you can use to interview your borrower about their intent during a recorded Zoom call.

I would say local property management company is ideal so you learn the legal compliancy, too, BUT we also have many virtual non-local employees that are amazing at their job and have learned a lot in property management even if it's not in the state they live and own their own rental property in. 

The 3 states I work primarily in already require buyer agency agreements by state law. 50% of our deals are off market, so our commissions already got written into our offers as a standard operating procedure.So virtually no changes for me. 

@Allen B.Since it sounds like you already have a maintenance team, consider hiring a virtual assistant.

@Jonathan Bui virtually all mortage loans today have a "due on sale" clause" But that is only one issue.

So yes virtually zero replies saying they want to sell.   

If you can access all/virtually all of the plumbing, you can either patch the bad spot or if the plumbing is old and dilapidated you'd be changing it anyway so it won't matter. 

A quick inspection made prior to making an offer showed that the previous owner apparently could not remove a washing machine hose so he cut the pipe off before the valve.

They just announced their next virtual (free) event for September 21st.That said, from experience, you must do your own due diligence on each affiliate/property and syndications.