That is the final goal they are trying to achieve, and they are slowly chipping away at it. 

Any assistance is greatly appreciated.If there is anything I can do in terms of providing any insight in the Washington DC metro area in return, please feel free to reach out.North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.

Or, put all your chips into one bucket and hope that its the right one. 

Oak Park, Madison Heights, Hazel Park, Warren.

It's a 30 unit apartment building in Oak Forest, IL (suburb of Chicago). 8% CAP, stabilized property.The mortgage broker wants me to prepare my PFS (personal financial statement) & RE Schedule, but I don't have much to fill out, because my main business is overseas and I don't have any properties here.I will appreciate if you guys share your experience with your first agency loan.

More info: I was looking in the areas around Detroit because I have family in Royal Oak.

Intel is investing $20 billion to build chip manufacturing plants in Licking County, which is projected to create 30,000 new jobs.

I'd definitely get a less levered property in a good area of Denver, that's a blue chip. 

Related to that:  We once managed a property near Gatlinburg in the White Oak community. 

I manage in C areas and I was wasting money refinishing every 3-5 years because it didn't last due to chipping from normal wear, tenants being too hard on the product destroying it completely, or work defects that caused issues.