I wouldn't even bother with major cities given the ratios but you likely will get better rental stability pending on asset class but in general deep pocket investors like larger cities for its demand and stability in order to wealth preserve vs cash flow..Investors who want cash flow seek 2nd tier markets..To clarify 5) you meant negative cash flow and not negative cap rate correct?

Any decent marketer would know this yet I don;t see videos of their skills at least they are not easy to find."

You purchased it with a HML, and are now rate/term refinancing the $1.5m (75% of $2m) hard money loan for better terms b/c you show six months of stabilized rent, the T-12 and rent roll with the monthly breakdown shows a clear trend towards where we are at now.Your hard money loan matures at the 2-year mark, but you weren't silly enough to call me at the 1 year and 11 month mark, so my partner lenders that have great terms, but move slower, are on the table.

Farm owners in coastal areas now wanted to sell for prices meant for only big developers.

If your conservative you can put the profits in a risk free T-Bill paying better than 5% with no phone calls to unclog a toilet.If you decide not to sell, then let's tackle your question about PM.  

I meant to say I would not settle for a DSCR loan with a prepayment penalty* in this market.

You would do better in 30-day t-bills (right now ;-)The hopes an investor might have (if you purchased a property like this) are: 1) inflation to drive rents up, 2) inflation to drive property appreciation, and 3) mortgage rates to drop to refi at a lower rate in a few years.A lot depends on what someone thinks about the longer-term prospects of neighborhood they're investing in.

@Sharon Alexander, in Alabama if you give a bank a deed in lieu of foreclosure, which is what is meant when most people say they surrendered a property to a bank, then there are no redemption rights.

But like I *meant* to write, I havent done one in a couple of years.

You might have t choose the least bad choice.